i3 Energy Plc (ITEEF)

[pro_s2009]

https://www.thetimes.co.uk/article/i3-energy-to-drill-at-new-prospect-2tsfpzc9c

I3 Energy to drill at new prospect

Greig Cameron
Tuesday September 13 2022, 12.01am BST, The Times

An oil and gas firm has confirmed it is on course to start drilling at a North Sea prospect this month.

I3 Energy said that if there is a positive result from the Serenity prospect it will then look to start planning for a full field development.

That came as the company announced it had more than trebled its revenue in the first six months of the year from £26.5 million to £101.6 million. It booked a £20.3 million pre-tax profit for the period, compared with a £7.8 million loss a year earlier.

I3 has its headquar.........