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Bullboard - Stock Discussion Forum 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... see more

TSX:ITE - Post Discussion

i3 Energy Plc. > 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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i3 Energy Plc.