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

Alternate Symbol(s):  ITEEF

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 > Reminder summary.......
View:
Post by Proselenes on Oct 02, 2022 7:52pm

Reminder summary.......

As a reminder :

Year end 2022 we will have........

Production will be circa 24K boepd (currently 21K+)

Monthly dividend of 0.1425p per share

Debt free

Net cash

Generating lots of FCF

Revenues in Dollars.

Assets valued in Dollars.

Many hundreds of drilling locations to keep increasing production, to 30K boepd and to 40K boepd ahead......

Increasing ownership of Clearwater play, the most economic of all North American oil plays.


And - pending drilling results from Serenity - potentially the first resources associated with the North Sea - all current resource estimates have zero attributed to any North Sea asset.
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