Bullboard - Stock Discussion Forum I3 Energy Ord Shs T.ITE

Alternate Symbol(s): ITEEF

Energy Oil & Gas E&P

i3 Energy plc is an independent oil and gas company with assets and operations in the United Kingdom and Canada. The Company's principal activities consist of oil and gas production in the Western Canadian Sedimentary Basin (WCSB) and appraisal of oil and gas assets on the United Kingdom Continental Shelf (UKCS). The Company's wholly owned subsidiaries i3 Energy North Sea Limited and i3 Energy... see more

TSX:ITE - Post Discussion

I3 Energy Ord Shs > Clearwater IRR and payout.......

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Post by Proselenes on Aug 06, 2022 6:44am

Clearwater IRR and payout.......

Taken from Baytex August 2022 presentation, look at the Clearwater wells payout at 85$ WTI price........

4 months. With IRR over 500%. And I3E have lots of lovely Clearwater play to drill and develop. Its one of the worlds currently most profitable oil plays, given the extreme low cost of drilling (no casing needed and no fraccing) and good flow rates.

People I beleive really are not wide awake to what I3E has.

Link to presentation : https://www.baytexenergy.com/files/pdf/corporate-handouts/2022/2022-08-1%20August%20Presentation.pdf

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