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i3 Energy still confident of 'very large resource volumes' at Serenity and Liberator

I3 Energy Plc's (LON:i3E) Majid Shafiq and Graham Heath speak to Proactive London's Andrew Scott after confirming the completion of its three-well 2019 drill programme.

Looking ahead, it is now planning a summertime appraisal of the Serenity discovery and the Liberator West area.

They say the objective will be to de-risk some of the 600mln barrels of potential oil in place previously identified in the structures.

Quick facts: i3 Energy PLC

Price: 4 GBX

AIM:I3E
Market: AIM
Market Cap: £27.83 m
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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