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I3 Energy PLC V.SH21062102


Primary Symbol: T.ITE

Energy Oil & Gas E&P
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

I3 Energy PLC
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Post by smallcaptdron Jun 03, 2022 11:26am
185 Views
Post# 34729667

consolidation today

consolidation today I've always like this company but I hate how they do their financials because its always in Pounds.  Sure I can eyeball it and guesstimate the conversion in my head but it would be nice if they did it in either USD or CDN for North America. I've taken a small position of 150,000 shares for now and added this to my energy portfolio and I'm seeing with my program that it has a target price of $0.58 so if thats right we could bump up a dime from here but technical change daily. GLTA
(always DD)
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