i3 Energy has secured an extension to a loan facility in order to deploy resources to “time-critical elements” of its North Sea Liberator development.
Oil firm i3 Energy has raised £1.6 million through the placing of new shares to help pay for site survey work at a field in the other Moray Firth.
Bosses at i3 Energy said yesterday that finding a venture partner for its Liberator field in the North Sea could be great news for shareholders and other smaller oil firms.
North Sea oil firm i3 Energy said today that it had entered into a period of exclusivity with a potential venture partner for the Liberator field in the outer Moray Firth.
Fledgling oil firm i3 Energy has said it is ready to take “major steps” in developing its North Sea Liberator field.
i3 Energy today confirmed it has a number of funding options on the table to help fuel its North Sea developments.
North Sea oil firm i3 Energy today confirmed that it was among the applicants for acreage in the 30th offshore licensing round.
North Sea oil firm i3 Energy said that it has now received support from a second lender for a $25million credit facility.
i3 today said it would use the funds from its Liberator field to bankroll a discovery it is targeting in the 30th round.
Shares in i3 Energy soared today after the London-listed firm said an investor could be ready to provide up to £9.9million to support a North Sea licence bid.
Oil firm i3 Energy said today that it was “working on several North Sea asset opportunities” while also trying to secure more funds to develop the Liberator field.
Oil firm i3 Energy said yesterday that it had taken another “key step” on the way to developing the Liberator field.
Fledgling oil firm i3 Energy said today that it would hand in a development plan for the North Sea Liberator field "in the coming months".
Bosses of former oil and gas company Ithaca Energy revealed plans to raise $50million (£38.6million) in a flotation on AIM.
An oil and gas company led by a co-founder of Ithaca Energy has raised £6.2million to put towards developing a field in the outer Moray Firth.