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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

Comment by Buyreallowon Mar 24, 2022 4:43pm
153 Views
Post# 34543143

RE:BUYREALOW ;

RE:BUYREALOW ;I'm waiting for the Q1 results from Canada.  This is a British company that essentially abandoned most of their British assets to try to prosper in Canada.  And it worked.  They have done a masterfull job.  I prefer to wait until May to see the Q1 2022 results, which I think will be stellar.  This puts a lot of heat on Europa and any other British potential partners to come up with the cash if they want to participate in the Serenity field.   If not, a stellar Q1 in Canada may push I 3 to go it along.  That way, they get 100% of the North Sea results, which could be enormous for a penny stock.
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