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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 21, 2022 6:50pm
163 Views
Post# 34448694

$$ ;

$$ ;I think we're on the same page. The price of natural gas is really going to bump up our numbers. BIG TIME ! The company seems to spend our money very wisely as well. They seem to sqweez every drop of oil out of every well .I don't think I've ever seen an oil company spend so much attention to workovers . Which is money well spent, seeing as though its really only wages .Personally I'm pretty vocal on them doing something with the North Sea assets. I'm thinking with all the free cashflow if they ever planned on doing something with these assets now is the time . Partner up and get moving. Either that or sell them off and concentrate on Canada. Anyways do you know when they're supposed to release the qwartely numbers. Thanks
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