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i3 Energy PLC – i3 contract with BHGE

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that it has awarded Baker Hughes, a GE company, contracts for its 2019 summer drilling programme on its Liberator and Serenity assets and its 2020 Phase I development of Liberator. BHGE’s scope will include directional drilling, drilling fluids, mudlogging, formation evaluation operations and wellheads. 

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i3 Energy PLC – Closing of £22m Jnr Facility & £2m Share Placing

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that it has closed investments with funds managed by Bybrook Capital LLP, BP Oil International Limited, funds managed by Lombard Odier Investment Managers group, and James Caird Asset Management in a £22mm junior loan note facility, the key terms of which were announced by the Company on 1st March 2019.

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i3 Energy PLC – Investment

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that it has entered into binding terms with funds managed by Lombard Odier Asset Management (Europe) Limited for a £3mm participation in the junior loan note facility, the proposed terms of which were announced by the Company on 25thFebruary 2019, a £2mm placing of new ordinary shares priced at 37p per share and warrants to subscribe for £3mm of new ordinary shares. 

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i3 Energy PLC – Operational Update

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to provide the following operational update for the appraisal and development of its 100% owned and operated Liberator field and Serenity prospect.

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