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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 Feb 01, 2022 2:56pm
191 Views
Post# 34386412

Justhalfull ;

Justhalfull ;I believe they said something close to 160 million for 2022 . But let's not forget that interview was when there was a pullback in the price of oil down to around $65.00 to $70.00 per barrel. They were also trying to be conservative.. This company is renowned for under promising and over delivering.. I like the way they handle their business.. I believe we're looking at closer to 200 million for the full year of 2022 . I'm really hoping that their working on the North Sea assets.. They were talking about partnerships, but with all this cashflow they may attempt to do it on their own.. The reason I'm so pumped on the North Sea assets is because they've been talking to a driller for over a year.. All these companies can talk all they want, these off shore drillers are very hard to find because of the price of oil is so high.. Seeing as though they've been in talks with the driller for the period of time and they've got the cash to do just about whatever they want.. Cheers , I think we're in for some very good news soon !!
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