leadf
logo-loader
viewi3 Energy PLC

I3 Energy agrees terms of £24mln junior loan package for Liberator programme

I3 Energy PLC (LON:I3E) has agreed on terms over a £24mln junior loan package to fund a three-well campaign on its Liberator field in the North Sea. Graham Heath and Majid Shafiq give Proactive London an update on today's news  as well as further detail on how their JV discussions are progressing. News here too on the drilling programme and what the next steps are operationally post-drilling as well as detail on what type of ineterste theyare seeing in the data room.

Quick facts: i3 Energy PLC

Price: 3.975 GBX

AIM:I3E
Market: AIM
Market Cap: £27.65 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of i3 Energy PLC named herein, including the promotion by the Company of i3 Energy PLC in any Content on the Site, the Company receives from said...

FOR OUR FULL DISCLAIMER CLICK HERE

i3 Energy team detail £30mln fundraise and Canada growth strategy

i3 Energy PLC's (LON:I3E) Majid Shafiq and Graham Heath speak to Proactive's Andrew Scott soon after confirming they've raised at least £29mln, with a further £1mln subject to regulatory approval. The company last week struck a deal to concurrently sell a package of the Gain assets to a third...

on 11/8/20

2 min read