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Pin to quick picksI3 Energy Share News (I3E)

Share Price Information for I3 Energy (I3E)

London Stock Exchange
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Share Price: 10.90
Bid: 10.80
Ask: 10.88
Change: 0.14 (1.30%)
Spread: 0.08 (0.741%)
Open: 10.80
High: 11.14
Low: 10.70
Prev. Close: 10.76
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i3 Energy Prepares For Mid-2020 Appraisal Programme

Thu, 02nd Jan 2020 16:35

(Alliance News) - i3 Energy PLC said Thursday that following its 2019 drilling campaign at its Serenity and Liberator fields, in Block 13/23d in the North Sea, it is now preparing for a mid-2020 appraisal programme.

The oil and gas company said the aim of the appraisal programme is to delineate the fields which the company believes could contain more than 600 million barrels of crude oil.

i3 Energy also said it is simultaneously conducting a farm-down process of its licenses to potentially fund the 2020 drilling campaign.

i3 Energy shares closed up 6.6% in London at 13.06 pence each on Thursday.

By Loreta Juodagalvyte; loretajuodagalvyte@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
30 May 2019 12:23

i3 Energy Secures GBP8 Million Investment From Lombard Odier (ALLISS)

LONDON (Alliance News) - Oil & gas firm i3 Energy PLC said Thursday it had secured an investment of up to GBP8 million from Lombard Odier Asset Management Ltd across debt, shares and and Odier

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29 Apr 2019 14:14

i3 Energy Progresses On Junior Loan, In Talks For Further Funding

LONDON (Alliance News) - i3 Energy PLC said Monday that it continues to make progress on legally binding loan documentation for a junior financing facility, which upon completion and draw down be

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9 Apr 2019 13:57

i3 Energy Contracts Rig For Liberator And Serenity Summer Drilling

LONDON (Alliance News) - i3 Energy PLC on Tuesday said it has contracted a rig for its summer drilling campaign at its Liberator oil field located offshore of Aberdeen, Scotland, and its nearby i3

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5 Apr 2019 16:45

CORRECT (Mar 21): Lombard Odier Builds 12% Stake In i3 Energy (ALLISS)

(Correcting Lombard Odier holding to 12.4% from 20.8% and the total number of shares in issue following a company-issued correction)LONDON (Alliance News) - i3 Energy PLC on March 21 that a

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4 Apr 2019 13:54

i3 Energy Raises Significantly Below GBP2 Million Target In Open Offer (ALLISS)

LONDON (Alliance News) - i3 Energy PLC said Thursday it has raised GBP363,732 though a share open offer, sharply lower than anticipated.The oil & gas company issued 983,059 shares at a

Read more
2 Apr 2019 12:14

Tuesday broker round-up

(Sharecast News) - easyJet: Berenberg upgrades to hold with a target price of 1,040p.

Read more
22 Mar 2019 14:42

i3 Energy contracts Gardline for drilling programme site survey

(Sharecast News) - Independent oil and gas company i3 Energy has contracted Gardline to conduct a site survey for its 2019 and 2020 drilling programme, plus the pipeline route for its Liberator Phase I development, it announced on Friday.

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22 Mar 2019 09:32

i3 Energy Hires Contractor To Help Plan Work At Liberator Field

LONDON (Alliance News) - i3 Energy PLC on Friday announced it has contracted Gardline Ltd to survey the Liberator oil field for drilling and pipeline work.Gardline will survey Liberator, in

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21 Mar 2019 10:54

i3 Energy Shares Jump After Lombard Odier Builds 21% Stake In Firm (ALLISS)

LONDON (Alliance News) - Shares in i3 Energy PLC jumped Thursday after it reported that Lombard Odier Asset Management Ltd more than tripled its stake in the firm to 21% in a transaction on Odier

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13 Mar 2019 18:20

Lombard Odier Asset Management Builds 7% Holding In i3 Energy (ALLISS)

LONDON (Alliance News) - i3 Energy PLC on Wednesday said Lombard Odier Asset Management Europe Ltd holds 6.8% interest in the oil & gas company following a transaction on Tuesday.i3 on

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12 Mar 2019 15:55

UPDATE: i3 Energy Raises GBP16 Million Towards Liberator Field Work (ALLISS)

LONDON (Alliance News) - i3 Energy PLC on Tuesday said it has raised GBP16 million in an oversubscribed share placing to fund the development of the drilling programme on the Liberator oil field,

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12 Mar 2019 12:14

i3 Energy To Raise GBP16 Million To Fund Liberator Field Work (ALLISS)

LONDON (Alliance News) - i3 Energy PLC on Tuesday said it plans to raise at least GBP16 million in a discounted share placing to fund 2019 development work.i3 will place shares at 37 pence

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7 Mar 2019 14:37

i3 Energy Still Mulling Funding Options For Liberator Oil Field

LONDON (Alliance News) - i3 Energy PLC on Thursday said it is still assessing its options regarding financing to develop the Liberator field in the North Sea.i3 noted its recent share price

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26 Feb 2019 13:32

Tuesday broker round-up

(Sharecast News) - BT: Berenberg downgrades to hold with a target price of 260p.

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25 Feb 2019 15:23

i3 Energy Enters Deal For GBP24 Million Junior Secured Loan Facility

LONDON (Alliance News) - i3 Energy PLC on Monday said it entered into a term sheet for a GBP24 million junior secured loan note facility with warrants.A European investment manager has to a

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