i3 Energy PLC - i3 Commences Serenity Drilling Operations
("i3" or the "Company")
i3 Commences Serenity Drilling Operations
"We are excited to be drilling this potentially high-impact well at Serenity which could add materially to i3's reserves and resources and may become a fast-tracked development alongside the neighboring Tain oil field. The Borgland Dolphin continues to perform very well with operations running smoothly to date and we look forward to updating the market as our well objectives are achieved."
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Notes to Editors:
i3 is an oil and gas development company initially focused on the
The Company's strategy is to acquire high quality, low risk producing and development assets, to broaden its portfolio and grow its reserves and production.
The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014.
Qualified Person's Statement:
In accordance with the AIM Note for Mining and Oil and Gas Companies, i3 discloses that
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a method of estimating how much oil in a reservoir can be economically brought to the surface;
reflects a volume estimate that, assuming the accumulation is developed, there is a 50% probability
This information is provided by RNS, the news service of the
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