i3 Energy Plc (ITE)

Overview

i3 Energy Plc operates as a holding company with a focused investment strategy in the oil and gas sector, facilitating the acquisition, development, and production of oil and gas assets. Founded in 2014, i3 Energy has established a significant presence both in the United Kingdom and Canada. Its operations span several key oil fields and plays, leveraging technical and operational expertise to maximize asset value and ensure sustainable development. The company's strategic positioning in these regions allows it to tap into substantial hydrocarbon reserves, contributing to its growing portfolio and enhancing shareholder value. Headquartered in Eastleigh, the United Kingdom, i3 Energy is committed to employing innovative strategies and maintaining high operational standards in its pursuit of excellence within the energy sector.

Products and Services

• Liberator oil field:

i3 Energy owns interests in the 13/23c and 13/23d blocks of the Liberator oil field, emphasizing its strategic investment in recovering oil from one of the UK's significant hydrocarbon resources. This field represents a core aspect of i3 Energy's portfolio, reflecting the company's capability in developing and optimizing oil production from complex geological formations.

• Serenity oil field:

The company holds a 75% interest in the 13/23c-10 well within the Serenity oil field, showcasing its focus on expanding its asset base through strategic exploration and development efforts. The Serenity oil field is another testament to i3 Energy's commitment to enhancing its production capabilities and asset portfolio in the United Kingdom.

• Central Alberta assets:

i3 Energy's operations extend into Canada, where it owns working interests in Central Alberta. These assets are critical to the company's international expansion strategy, allowing it to participate in the development and production of oil and gas resources in one of North America's most prolific energy-producing regions.

• Wapiti / Elmworth, Simonette, and Clearwater play properties:

In addition to its Central Alberta assets, i3 Energy has working interests in the Wapiti / Elmworth and Simonette regions, as well as in the promising Clearwater play. These Canadian properties further demonstrate i3 Energy's diversified portfolio and strategic approach to selecting high-potential oil and gas plays. The company's presence in these areas underscores its commitment to leveraging opportunities across different geographies, contributing to its growth and operational success.