i3 Energy Plc. T.ITE

Alternate Symbol(s): ITEEF

Energy Oil & Gas E&P

i3 Energy is an oil and gas Company with a low cost, diversified, growing production base in Canada's most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and development assets in the North Sea with significant upside. The Company is well positioned to deliver future growth through the optimisation of its existing 100% owned asset base and the acquisition of long life, low decline conventional production assets.

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i3 Energy Plc.

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Post by Proseleneson Sep 09, 2022 8:25am

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Post# 34951626

IC comment

https://www.investorschronicle.co.uk/news/2022/09/08/looking-for-income-on-the-aim-market/

......The exceptionally good performer among the 13 is i3 Energy (I3E), which combines oil and gas production in Canada with appraisal wells in the UK’s North Sea whose attractions have swelled enormously this year. Thus i3 is in the happy position of generating enough cash both to distribute generously to shareholders – dividends have been paid monthly since March – and to fund its capital spending. Management is committed to distributing 1.05p per share for 2022, though City analysts reckon that amount will be exceeded and the prospective 4.7 per cent yield shown in the table is based on a 1.2p pay-out..........

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Hempalta acquires controlling interest in Hemp Carbon Standard