North Sea oil firm i3 Energy has today announced the site survey contractor for the first phase of its Liberator project.
North Sea oil firm i3 Energy said that it has now received support from a second lender for a $25million credit facility.
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 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".