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I3 Energy PLC V.SH21062102


Primary Symbol: T.ITE

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.


TSX:ITE - Post by User

Post by 1rockiton Jan 31, 2022 2:10pm
225 Views
Post# 34379953

$$ ;

$$ ;I agree with what we're talking about.. Does anybody know what the % oil to natural gas is in the North Sea play . The reading I've done suggests it's like 90% oil or better.. I wish they'd ( the company) would be more forth with as far as news goes . I've tried reaching the company a few times but they aren't very communitive.. And yes I agree about this being a double if oil and gas stay up at these levels.. I figure they're up around 200 million free cashflow if oil ( gas ) stay favourable.. I imagine that they're hedging some production at these levels.. Although if Russia invades the Ukraine we'll probably see $125.00 and $20.00 natural gas prices.. Cheers, let's make some money..
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