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I3 Energy PLC (I3E.L)

I3E.L on London Stock Exchange

7.95GBp
25 Feb 2020
Change (% chg)

-0.15 (-1.85%)
Prev Close
8.10
Open
8.10
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Volume
616,735
Avg. Vol
3,730,307
52-wk High
59.01
52-wk Low
7.41

Latest Key Developments (Source: Significant Developments)

I3 Energy Says Received Subscriptions For 14,285,715 New Ordinary Shares In Co
Friday, 6 Dec 2019 

Dec 6 (Reuters) - I3 Energy PLC ::HAS NOW RECEIVED SUBSCRIPTIONS FOR 14,285,715 NEW ORDINARY SHARES IN COMPANY AT 35 PENCE PER SHARE FROM FUNDS MANAGED BY BYBROOK CAPITAL.BP OIL INTERNATIONAL TOOK UP THEIR CONTRACTUAL RIGHTS TO BE GRANTED WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARES IN COMPANY.FUNDS MANAGED BY LOMBARD ODIER INVESTMENT TOOK UP THEIR CONTRACTUAL RIGHTS TO BE GRANTED WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARE.MANAGERS GROUP, AND JAMES CAIRD ASSET MANAGEMENT TOOK UP CONTRACTUAL RIGHTS TO BE GRANTED WARRANTS TO SUBSCRIBE FOR NEW ORDINARY SHARE.APPLICATION HAS BEEN MADE FOR 14,285,715 NEW ORDINARY SHARES IN COMPANY TO BE ADMITTED TO TRADING ON AIM.  Full Article

I3 Energy Ends 2019 Drilling Programme With Three Wells Drilled
Thursday, 28 Nov 2019 

Nov 28 (Reuters) - I3 Energy PLC ::ANNOUNCES CONCLUSION OF ITS 2019 DRILLING PROGRAMME WITH THREE WELLS DRILLED.WILL NOW PREPARE FOR A MULTI-WELL APPRAISAL OF SERENITY AND LIBERATOR WEST AREA IN SUMMER 2020.WILL CONTINUE WORKING WITH SENIOR LENDERS ON A PHASE I LIBERATOR DEVELOPMENT FACILITY.POST 2019 DRILLING, I3 EXPECTS TO HAVE SUFFICIENT RESOURCES TO FUND ITS G&A REQUIREMENTS THROUGH 2020.  Full Article

Lombard Odier Asset Management (Europe) Discloses 4.39% Stake In I3 Energy As Of Nov 6, Versus Previous Stake Of 9.07% - Filing
Friday, 8 Nov 2019 

I3 Energy PLC ::LOMBARD ODIER ASSET MANAGEMENT (EUROPE) DISCLOSES 4.39% STAKE IN I3 ENERGY AS OF NOV 6, VERSUS PREVIOUS STAKE OF 9.07% - FILING.  Full Article

Lombard Odier Asset Management (Europe) Discloses 11.2% Stake In I3 Energy As Of Sept. 11 - Filing
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - I3 Energy PLC ::LOMBARD ODIER ASSET MANAGEMENT (EUROPE) DISCLOSES 11.2% IN I3 ENERGY PLC AS OF SEPT. 11, VERSUS PRIOR STAKE OF 14.94% - FILING.  Full Article

Miton Group Discloses 1.97% Stake In I3 Energy As Of Sept 10
Thursday, 12 Sep 2019 

Sept 12 (Reuters) - I3 Energy PLC ::MITON GROUP DISCLOSES 1.97% STAKE IN I3 ENERGY AS OF SEPT 10 VERSUS PRIOR STAKE OF 7.29% - FILING.  Full Article

i3 Energy Awards Baker Hughes Equipment and Service Contracts
Tuesday, 2 Jul 2019 

July 2 (Reuters) - I3 Energy PLC ::I3 ENERGY PLC - I3 CONTRACT WITH BHGE FOR EQUIPMENT AND SERVICE.I3 ENERGY - AS PART OF DEAL, CO WILL ISSUE TO BHGE WARRANTS UP TO NOTIONAL VALUE OF £3MM AT EXERCISE PRICE OF 56.85P/SHARE.I3 ENERGY - BHGE AGREED THAT £3MM OF OFS, OFE CONTRACT PAYMENTS WILL NOT BECOME PAYABLE UNTIL I3 RECEIVES FIRST SALES REVENUE FROM LIBERATOR PHASE I.  Full Article

I3 Energy Says FY Loss On Ordinary Activities Before Tax Attributable To Owners Of Parent 2 Million Pounds
Friday, 31 May 2019 

May 31 (Reuters) - I3 Energy PLC ::I3 ENERGY - FY LOSS ON ORDINARY ACTIVITIES BEFORE TAX ATTRIBUTABLE TO OWNERS OF PARENT 2 MILLION POUNDS VERSUS 2.9 MILLION POUNDS.  Full Article

I3 Energy Raises 16 Mln Stg Through Placing
Tuesday, 12 Mar 2019 

March 12 (Reuters) - I3 Energy PLC ::I3 ENERGY PLC - RESULT OF PLACING.I3 ENERGY PLC - SUCCESSFULLY PLACED 43.2 MILLION ORDINARY SHARES AT AN ISSUE PRICE OF 37 PENCE PER SHARE, RAISING GROSS PROCEEDS OF £16M.I3 ENERGY PLC - PLACING OVERSUBSCRIBED, SUPPORTED BY EXISTING AS WELL AS NEW SHAREHOLDERS AND WAS CONDUCTED THROUGH AN ACCELERATED BOOKBUILD PROCESS.  Full Article

I3 Energy In Talks Of Asset Base, Capital Structure, Potential Farmout Of Licences, Others
Thursday, 7 Mar 2019 

March 7 (Reuters) - I3 Energy PLC ::IN DISCUSSIONS SPANNING ASSET BASE, CAPITAL STRUCTURE, INCLUDING POTENTIAL FARMOUT OF LICENCES, JUNIOR DEBT PLACEMENT , SENIOR DEBT, EQUITY.  Full Article

I3 Energy Says LOI Signed For Multi-Well Drilling Campaign
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - I3 Energy PLC ::I3 ENERGY PLC - OPERATIONAL AND FUNDING UPDATE.I3 ENERGY - LOI SIGNED FOR SUMMER 2019 CONSECUTIVE MULTI-WELL DRILLING CAMPAIGN ACROSS LIBERATOR FIELD AND SERENITY PROSPECT.I3 ENERGY - UPON SUCCESSFUL APPRAISAL, DEVELOPMENT OF LIBERATOR AND SERENITY, CO COULD PRODUCE MORE THAN 200 MMBBLS FROM ITS CURRENT LICENCES.I3 ENERGY - ENTERED INTO RIG LOI WITH DOLPHIN DRILLING FOR 3-WELL APPRAISAL AND DEVELOPMENT DRILLING PROGRAMME TO BE CONDUCTED IN SUMMER OF 2019.I3 ENERGY - EXPECTS THREE-WELL 2019 DRILLING PROGRAMME TO COST ABOUT $41 MILLION WITH ADDITIONAL CAPEX TO 2020 FIRST OIL OF ABOUT $90 MILLION.I3 ENERGY PLC - EXPECTS ITS THREE-WELL 2019 DRILLING PROGRAMME TO COST C.US$41 MILLION WITH ADDITIONAL CAPEX TO 2020 FIRST OIL OF C.US$90 MILLION.I3 ENERGY-NEGOTIATING TERMS, SEES NEAR-TERM AGREEMENT FOR $100 TO $130 MILLION OF DEBT FOR APPRAISAL DRILLING, 2019-20 LIBERATOR PHASE I DEVELOPMENT CAPEX.  Full Article