Member Info for maestro1

Blue day tomorrow here too, tsx 10.16p.

Company thinking of increasing production by 3 times, dont forget they have infrastructure for 30kboepd already..

Some of the top twitter rampers dont like i3e because of the past failed drill, it happens, now i3e are a producer which makes profits.

The tide will change, glad i3e have been upfront about there plans for h2, production over 10kboepd is great.

I think i3e never expected oil to go close to $75, so now they expanding drilling operations.

Near short term they will be above 10kboepd. Not pad for a divi payin co valued under 70m.

Tom

This one is a special divi so something extra, they will give 2 divis a year thereafter.

The next 6 months will be interesting, i3e will be really busy.

i3's acquisitions have garnered various Proven Undeveloped (PUD) and/or Proven plus Probable (2P) development opportunities. Though several highly prospective projects exist within its portfolio, the Company highlights the upside potential of its recently announced South Simonette Lower Montney acquisition from Anegada Oil Corporation, which shows a path to over 18,000 boe/d and USD 1B+ in NOI from that asset alone. With a 99% operated interest, i3's South Simonette acreage presents a company-making opportunity which can be unlocked through either farm-down or internal capital allocation. i3 has a number of similarly attractive and material development opportunities in its portfolio including its Clearwater position at Marten Creek and its Montney play in North Simonette, in addition to redevelopment options of mature production assets via secondary recovery and infill drilling.

========

South Simonette looks a steal. CF of $44m looks good, mkt cap 70m, production by end of july can be 10.5kboepd.

I calling it 15p within 4 weeks now.

I3e drlling 2 wells in Wapiti in july
2 workovers in South Simonette in july
Drilling in clearwater after successful farm in.
Noel 500boepd will be in production this month

Really pleased they increasing oil ratio in production.
NOI for next 12 months is $44m, this really cheap stock now production will grow in excess of 10kboepd.

Mkt cap just under 70m.

Inphobe

In the interim results presentation gdr stated they will have to raise funds if material sales of test do not occur. We still to hear of any material sales, company is debt free so are not in a bad position but sooner or later they need to concentrate on other products, aihl for one which will need funds.

Budd has been disappointing to date.

Rbr08

Surely they cant bypass gdr as gdr will also have received their slice of the pie.

Very disappointing by gdr so far. India was massive let down by gdr sales team.

I think a placing is on cards.

Imho

Hargreaves Landsdown dont allow you to buy ESNR?

No good to me..

Hl dont let you buy esnr?

Oil at $73.3

We still have impatient investors.

Tony

Majid did say in the proactive interview they have been approached for the montney acreage from various parties.

So does look promising.

Tony

it will be interesting to know how much it cost to drill a well in South Simonette, I3e has stated anageda spent $30m in drilling three wells and the infrastructure on this asset. It does look good that that initial wells flow at around 700boepd, Graham did mention this asset is alot more oiley,

I3e are looking to drill 2 appraisal wells and two sidetracks in Serenity before oil crash, was the total cost around $35m?

If they can get a f/o and cover that kn return for 50% i will take it.

Thanks tony, thats what i thought.

The waterflood projects look interesting also, i3e have 3 projects will be interesting to know whether they have started them.

The clearwater wells only take a couple of weeks to drill, they should get cracking and drill these wells as soon as possible.

https://twitter.com/eri****tall/status/1403385993844121606?s=19

Come on tony get the spreadsheet out for i3e. ;-)

Oil at $73
NG at $3.3

Mkt cap is a joke here..

Ff

Another article, repsol q1 2022

https://www.google.com/amp/s/www.energyvoice.com/oilandgas/north-sea/228325/repsol-sinopec-pressing-ahead-with-tain-development-in-north-sea/amp/

With oil over $72, projects are becoming more lucrative.

Good thing is they cant hold i3e for ransom as they now are a decent producer who are divi paying. I3e can continue to increase production in canada while they wait for a partner on good terms, the potential partners know this so they will be eager to do deal as i3e are not going anywhere.

It totally makes sense for repsol to do a deal with i3e.