i3 Energy PLC Announces South Simonette Consolidation – ROFR Exercise
EASTLEIGH, UK / ACCESSWIRE / May 31, 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 execution of a strategic acquisition in its core Simonette area, taking operatorship and doubling its position in a premium light oil asset in the Lower Montney.
Highlights:
- Acquired an additional 49.5% position plus operatorship in the Company’s South Simonette oil property, increasing i3’s interest to 99%.
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