Mon, 06th Jul 2020 19:05
i3 Energy PLC - oil and gas company with assets in UK - Has entered into binding agreement to purchase Gain Energy Ltd's petroleum and infrastructure assets in Western Canadian Sedimentary Basin. During 2019, assets produced 11,020 barrels of oil equivalent per day. i3 will pay USD58.8 million for acquisition.
Current stock price: 6.10 pence
Year-to-date change: down 54%
By Eric Cunha; ericcunha@alliancenews.com
Copyright 2020 Alliance News Limited. All Rights Reserved.
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I3 Energy (I3E)