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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 May 11, 2022 3:04pm
205 Views
Post# 34674999

Buyreallow ;

Buyreallow ;This is exactly what I'm referring to. We had to spend over 40 million basically to gain how many barrels p/d . Not many so they've dedicated another 50 million just to show some growth. And absolutely no mention of the North Sea assets. If we have to rely on even higher oil and nat gas prices ( while we sit here at almost all time high ) to sustain or just grow our production just a bit ! I would have rather of seen the 50 million spent on the North Sea. At least there when we drill were going to see some serious barrels added for a long period of time. Anyways, just my opinion. Cheers .
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