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.

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I3 Energy PLC > I3 and Kelt

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Post by Anonymouslyon Jul 03, 2022 1:25pm

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Post# 34798105

I3 and Kelt

I just can't quite understand why I3 is at $0.40 CAD/shr. and Kelt is more than $6 CAD /shr.?? I mean the boe/d for I3 is approx. 21000 and Kelt is around 27000 boe/d, (I looked up and reviewed both reports). Yet the share prices are vastly different? Should we not be at a similar share price as Kelt? What am I missing?? Sorry for asking, thanks in advance for your comments.

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