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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 Mar 25, 2022 3:43pm
156 Views
Post# 34546711

$$ ;

$$ ;Well , I'm all in . I can't help myself but to add to my position. I don't think I've ever seen a stock being sold so cheap !! I think everyone is going to sit up and take notice when this company comes out with earnings. They pretty much got ALL of their oil for 20-30 dallars a barrel. Literally everything they bought which were talking 17 thous barrels 6 months ago will be paid off in 4-5 months which means a tremendous amount of free cashflow coming in the door . Hell , it's already trading at what 3 previous earnings. I think the next time they release results we'll be trading at 1.or 2 cashflow which is unheard of. This stock is atleast a double over the next 3 months. Cheers, the easiest money I've ever made!!
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