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

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Post by Proseleneson Aug 06, 2022 6:44am

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Post# 34876042

Clearwater IRR and payout.......

Taken from Baytex August 2022 presentation, look at the Clearwater wells payout at 85$ WTI price........

4 months. With IRR over 500%. And I3E have lots of lovely Clearwater play to drill and develop. Its one of the worlds currently most profitable oil plays, given the extreme low cost of drilling (no casing needed and no fraccing) and good flow rates.

People I beleive really are not wide awake to what I3E has.

Link to presentation : https://www.baytexenergy.com/files/pdf/corporate-handouts/2022/2022-08-1%20August%20Presentation.pdf

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