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Investegate |i3 Energy PLC Announcements | i3 Energy PLC: Operational Update


 
Notes to Editors:
i3 Energy is an oil and gas Company with a low cost, diversified, growing production base in Canada s most prolific hydrocarbon region, the Western Canadian Sedimentary Basin and appraisal assets in the North Sea with significant upside.
The Company is well positioned to deliver future growth through the optimisation of its existing 100% owned asset base and the acquisition of long life, low decline conventional production assets.
i3 is dedicated to responsible corporate practices and the environment, and places high value on adhering to strong Environmental, Social and Governance ( ESG ) practices.  i3 is proud of its performance to date as a responsible steward of the environment, people, and capital management.  The Company is committed to maintaining an ESG strategy, which has broader implications to long-term value creation, as these benefits extend beyond regulatory requirements. ....

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i3 Energy PLC Announces Operational Update


Press release content from Accesswire. The AP news staff was not involved in its creation.
i3 Energy PLC Announces Operational Update
June 28, 2021 GMT
EASTLEIGH, UK / ACCESSWIRE / June 28, 2021 / i3 Energy plc (AIM:I3E) (TSX:ITE), an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the following update.
Noel Gas Well
Following completion of construction and tie-in operations, the A-52-G horizontal gas well located on the Company’s Noel acreage in Northeast British Columbia was brought on-stream on 17 June 2021. Production from the well has averaged 650 boepd since start-up on a ¼′ downhole choke, exceeding initial expectations by 30%. Reserves additions associated with this location will be booked in i3′s 2021 year-end reserves update, and the Company is currently evaluating potential offsetting development locations. ....

United Kingdom , City Of , North Sea , Oceans General , Owen Roberts , James Crothers , Henry Fitzgerald Oconnor , Peter Krens , James Sinclair Ford , James Asensio , Violet Wilson , James Joyce , Majid Shafiq , London Stock Exchange , Company Noel , Gas Companies , Financial Conduct Authority , Watt University , Master Degree In Petroleum Engineering , Toronto Stock Exchange , Society Of Petroleum Engineers , Wh Ireland Limited Nomad , Canaccord Genuity Limited Joint Broker , Northeast British Columbia , Marten Hills , Marten Hills Clearwater ,