i3 ENERGY

Official Twitter feed of i3 Energy plc, an oil and gas company with production assets in Canada and development assets in the North Sea.

[i3 ENERGY @i3energy]

Majid Shafiq, CEO of #i3E: “With a solid half year behind us, we now look forward to our H2 focussed development and drilling programme which has already commenced with the successful drilling of our first operated well in Central Alberta.”

[i3 ENERGY @i3energy]

Highlights of #i3E’s Q2 results include:
. Sale of most of i3’s royalty assets for a total gross
cash consideration of USD 24.81m
. Free cash flow of USD 28.5m
. Profit before tax of USD 24.4m
. Average production of 18,271 boepd
. Dividends of £3.084m declared and paid in Q2

[i3 ENERGY @i3energy]

#i3E is pleased to announce its operating and financial results for the three and six months ended 30 June 2024.
Read the full RNS here: https://t.co/4n5oSvtiSn

[i3 ENERGY @i3energy]

i3 Energy CEO interview with VOX Markets discusses ESG and the North American Gas market.
https://t.co/zMPSweSFPZ

[i3 ENERGY @i3energy]

Great piece by Vox Markets on the role of natural gas in the energy transition.
https://t.co/OFIkaitOeu

[i3 ENERGY @i3energy]

Great piece by Vox Markets on the role of gas in the energy transition.
Balancing act: The role of natural gas in the energy transition and emerging players - Vox Markets

[i3 ENERGY @i3energy]

Great to see the final investment decision being taken for the US$4.0 biillion Cedar LNG project, which will export more than 0.4 bcf/d of Canadian gas to the international markets.
https://t.co/qYQhsuPpgC

[i3 ENERGY @i3energy]

i3 Energy is delighted to have cemented our relationship with the WCFN and looks forward to working together as we advance our 2024 Clearwater drilling initiatives with collaboration and mutual respect.
https://t.co/EVmQwCaVgp

[i3 ENERGY @i3energy]

i3 Energy is delighted to have cemented our relationship with the WCFN and looks forward to working together as we advance our 2024 Clearwater drilling initiatives with collaboration and mutual respect.
Announcement - WCFN industry... - Woodland Cree First Nation | Facebook

[i3 ENERGY @i3energy]

"Poised to deliver material organic growth in 2025”: @SPAngelNews yesterday initiated coverage on #i3E with a BUY rating and TP of 30p.

Access the full note here: https://t.co/ZBnwMuvGyH

[i3 ENERGY @i3energy]

Majid Shafiq, CEO of #i3E: “Q1 2024 was a period of intense corporate activity during which we refinanced our existing debt with a non-amortising, traditional oil and gas reserves-based loan and laid the groundwork for monetising the majority of our non-core royalty production”

[i3 ENERGY @i3energy]

Highlights of #i3E’s Q1 Results include:
• Free cash flow USD 15.0mn compared to USD 9.9mn for the same 2023 period
• A new CAD 75mn reserve-based senior secured credit facility with the National Bank of Canada
• Average Q1 2024 production of 19,410 boepd

[i3 ENERGY @i3energy]

#i3E is pleased to announce its operating and financial results for the three months ended 31 March 2024.
The full announcement is available here: https://t.co/oIRLK1Twau

[i3 ENERGY @i3energy]

@Tennyson_Secs has published a note on #i3E upgrading the TP to 38p:“despite the headwinds of last year, the company is in a strong position; cash generative at prevailing commodity prices, growing baseline production levels, and paying a very healthy and sustainable dividend”

[i3 ENERGY @i3energy]

More great news as Canada's access to international oil and gas markets continues to expand.
https://t.co/cDoop5zPqt

[i3 ENERGY @i3energy]

#i3E CEO, Majid Shafiq, caught up with @proactive_UK to discuss the recently announced strategic royalty asset sale and how it enhances the company’s financial metrics.

Watch the full interview here: https://t.co/tIHFRaymyx

[i3 ENERGY @i3energy]

Ryan Heath, President of i3 Energy Canada: “The increased liquidity on the Company’s balance sheet combined with its stable cash flows, will support both its organic and inorganic initiatives, as we actively look towards a dynamic 2024.”

[i3 ENERGY @i3energy]

The proceeds of the Royalty Disposition will fully eliminate i3’s outstanding bank indebtedness and establish a working capital surplus without materially impacting its working interest production base.
Read the RNS here: https://t.co/dW4tqpw8Jg

[i3 ENERGY @i3energy]

#i3E is pleased to announce that it has entered into a definitive agreement with a newly formed private royalty company for the sale of certain of the Company’s royalty assets for a total gross cash consideration of USD 24.81 million.
Read the RNS here: https://t.co/dW4tqpw8Jg

[i3 ENERGY @i3energy]

$I3E i3 Energy announces strategic refinancing and positive reserves update https://t.co/Y99p1IYl1D
@i3energy
$ITEEF $ITE #I3E #ITEEF #ITE