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i3 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.

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Price: £0.27

Market: AIM
Market Cap: £25.32 m
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Full interview: Liberator setback 'doesn't change upside potential' - i3...

i3 Energy PLC's (LON:I3E) Majid Shafiq and Graham Heath speak to Proactive London's Andrew Scott following the results from a pilot well at its Liberator field. The target upper Captain sand area had not been penetrated by the well and they say that more well data's needed to interpret and...

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