Oil explorer i3 Energy said today it had completed the acquisition of the petroleum and infrastructure assets of Canadian firm Gain Energy for £44.5 million.
I3 Energy has issued more than half a million new shares to fund its acquisition of Gain Energy’s petroleum and infrastructure assets.
Oil and gas explorer i3 Energy has agreed a deal to sell part of its soon-to-be-acquired assets in a deal worth £25 million.
Oil and gas explorer i3 Energy has taken up the option to buy a struggling Canadian firm -- and struck a separate, £48m deal for a portfolio of light oil assets in North America.
i3 Energy plans to buy out a “struggling” Canadian oil and gas firm and list on the Toronto Stock Exchange (TSX).
Dolphin Drilling has won work for the upcoming appraisal campaign for i3 Energy’s Serenity discovery in the North Sea, which includes a revenue-sharing agreement.
Respsol Sinopec Resources UK (RSRUK) has confirmed its intent to press ahead with the Tain development in the Outer Moray Firth.
Shares in i3 Energy climbed by more than 12% this morning after the firm said it had received a positive response to the launch of its farm-out process for North Sea assets.
Shares in i3 Energy dropped this morning after the North Sea oil and gas explorer revealed plans for a secondary listing.
RockRose Energy has announced it will press on with the hunt for more North Sea acquisitions this year.
Westwood Global Energy reports that as of December 31 there were two active exploration wells drilling in the UK.
Shares in North Sea explorer i3 Energy sank today after the company said its plans to develop targets in the outer Moray Firth hinged on finding additional funding.
North Sea explorer i3 Energy has started drilling a new pilot well at its Liberator field in the outer Moray Firth.
North Sea operator i3 Energy is aiming to enter into discussions to develop its new oil discovery as a joint project with Repsol Sinopec Resources UK (RSRUK).
North Sea oil firm i3 Energy said today that it had made an oil discovery at the Serenity field in the outer Moray Firth.
Drilling has started at i3 Energy’s Serenity field in the outer Moray Firth.
Losses at i3 Energy widened in the first half of 2019 as the company prepared to drill three wells in the North Sea.
The Borgland Dolphin rig is preparing to mobilise to drill an exploration well on i3 Energy's Serenity field.
North Sea oil firm i3 Energy said today that the Borgland Dolphin semi-submersible drilling rig has started drilling a well on the Liberator field in the outer Moray Firth.
i3 Energy has announced the Borgland Dolphin rig is about to begin its journey to the Liberator field in the North Sea.
North Sea exploration firm i3 Energy has confirmed it is set to start drilling work on an appraisal well in the Liberator field in the Outer Moray Firth.
Baker Hughes GE (BHGE) has been awarded contracts worth £3million from i3 Energy for two upcoming North Sea prospects.
North Sea explorer i3 Energy is on the cusp of what it hopes will be a “game changing” drilling campaign.
North Sea explorer i3 Energy has hired a rig for a 94-day drilling campaign this summer.
An Aberdeen-based subsea engineering and project management firm has won £2 million worth of new orders since the start of the year, and hired 12 new staff members.