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i3 Energy PLC

I3 Energy agrees terms of £24mln junior loan package for Liberator programme

I3 Energy PLC (LON:I3E) has agreed on terms over a £24mln junior loan package to fund a three-well campaign on its Liberator field in the North Sea. Graham Heath and Majid Shafiq give Proactive London an update on today's news  as well as further detail on how their JV discussions are progressing. News here too on the drilling programme and what the next steps are operationally post-drilling as well as detail on what type of ineterste theyare seeing in the data room.

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Price: £0.23

Market: AIM
Market Cap: £21.49 m
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i3 Energy grants exclusivity period to potential farm-in partner for...

i3 Energy PLC's (LON:I3E) Graham Heath tells Proactive's Andrew Scott they've granted a period of exclusivity to an unnamed company for a potential farm-in deal for both the Liberator and Liberator West blocks in the UK North Sea. Heath says the contractual negotiations would, if...

on 27/6/18

2 min read