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.
i3 today said it would use the funds from its Liberator field to bankroll a discovery it is targeting in the 30th round.
i3 Energy today confirmed it had submitted plans for its North Sea Liberator field.
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.