Suresh786
24 May 2018
fao faulks hihope you doing very good,can you give me high level information pleasehow much production company hashow much exploration exposurehow much appraisalsany wells planned for near futureany debt?how much funding required?
Faulks
23 May 2018
Malcy on I3E i3 EnergyThe 30th round awards have been imminent for weeks so today’s announcement from i3 Energy that they have successfully applied for and received its targeted block 13/23 on a 100% basis is about as quick out of the blocks as is possible. This gives them 100% of the Liberator project with the addition known as Liberator West. The acquisition adds 22 MMBO Mid-case 2C Contingent Resources and 47 MMBO Mid-case Prospective Resources to the Company’s currently held 11 MMBO of 2P Reserves. There will be an appraisal well on this prospect later this year which should firm up the numbers even more.In a recent chat I had with CFO Graham Heath the clear indication was that this would be a game changer on both a medium and long term basis and that preparations are already in place for all eventualities. This would clearly include a farm-out in order to proceed and the company announced way back in March that such discussions were underway, this announcement should hurry that process. As I understand it there are at least two firm offers on the table for financing for i3 both of which are incredibly supportive and involve little or no dilution to the company.Accordingly today’s price rise of around 20% is just the beginning, this news is confirmation that shareholders have been waiting for and if it doesn't go up a long way soon it will slide into the imminent bucket list interim changes…
Faulks
23 May 2018
Re: OGA - RNS So they've been successful in the 30th round bid which is good news.Still working on funding.Hopefully news to follow on that shortly.
2stars
22 May 2018
Re: OGA Lot of chat over here: [link] Should be an interesting day tomorrow.
Faulks
22 May 2018
Re: OGA OGA have announced that the license awards will be announced tomorrow so we will find out if I3E have been successful.
Faulks
17 May 2018
Re: OGA Looks like news might finally be upon us....[link]
crafty speculator
11 May 2018
OGA Licenses have been awarded for 30th round. If I3E have got what they want then we shall see an announcement next week. If funding on favourable terms accompanies the licence announcement we will be have a share price in £ n
Faulks
12 Mar 2018
3-4 weeks News on the 30th round license application is due in early Q2, and I wouldn't be surprised if funding news comes at the same time although it could arrive sooner.It's interesting to see the volume of shares traded given this company is still relatively under the radar, and it hasn't taken long for the placing shares to be shifted.I wonder who is buying them all. The next 3-4 weeks could be very interesting and if the news on the license application/funding is positive then there could be a significant re-rating once again.With a market cap of only 27million and a small free float, I still think there is plenty of legs in this for 2018-2019.
Faulks
12 Mar 2018
Re: New high JCAM sold out and low liquidity is pushing this up.80p paid now. Another new high.
Faulks
09 Mar 2018
City Financial Looks like City Financial have now sold out completely.
Faulks
02 Mar 2018
Re: Miton Selling pressure may continue for a while with the loan conversion adding another 1.5million shares to the market. Depends whether JCAM decide to offload now or wait.
Faulks
22 Feb 2018
Re: Miton City Financial have sold another 1.45million shares and have another 1.6million left to go.
Faulks
19 Feb 2018
Re: New high A week spent in the 70s now which is positive - a slow and small creep up after the recent big gains.6 weeks until the end of Q1, which is when news is expected on the 30th round application and funding.They are the big 'news' triggers for the share price, but it will be interesting to see if it moves again in anticipation.all accounts they are very busy behind the scenes at the moment.
Faulks
14 Feb 2018
Re: First day dealing yesterday. IPO Nice one Ripley, all the best.
Ripley94
13 Feb 2018
Re: First day dealing yesterday. IPO Sold and took profit @ 76p , had been wiling to take 74 yesterday.Always get out too soon ( wanted funds )Good luck to holders.
