I3 Energy PLC V.SH21062102

Primary Symbol: T.ITE

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 Canada Limited are independent oil and gas companies with appraisal assets in the United Kingdom and producing assets in Canada, respectively. It holds the P.2358 license in the UKCS which contains the Serenity field discovery. This licence also contains the Liberator field discovery and the Minos High prospect. The Company holds various mineral licenses across its main operating areas in the WCSB, being Wapiti, Simonette, Clearwater, and Central Alberta. The Company's Canadian production asset base consists of over 850 net conventional oil, natural gas and natural gas liquids production wells.

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I3 Energy PLC > Today is your last chance

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Comment by Justhalffullon Oct 18, 2021 1:02pm

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Post# 34018740

RE:RE:RE:RE:RE:RE:RE:Today is your last chance

That's not likely. They first need to get a year of operations under their belt, and see where they stand. What I expect is next year, if all their plans work out, triple the current cash flow, and sp near 50 cents, they reverse split the stock 1:10. That would leave just over 100 million shares and a $5 and change stock price., But I think a lot of what happens will be up to Bybrooke Capital.

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