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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: 39.1 GBX

Market: AIM
Market Cap: £36.53 m

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i3 Energy PLC - Proactive Oil Capital conference

I3 Energy PLC's (LON:I3E) CEO Majid Shafiq speaks at the recent Proactive Oil Capital conference. They've recently reported a discovery from its Serenity well in the North Sea. Describing it as transformational, I3 says the well results were consistent with its pre-drill estimates of 197...

2 weeks, 1 day ago

2 min read