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i3 Energy advances talks with potential investor in Liberator oil field

Friday, 27th July 2018
UK oil and gas group i3 Energy said it had made progress signing up a potential joint venture partner for its Liberator oil field in the North Sea.

The company said 'significant progress' had been made preparing a legally-binding investment agreement with the party, which it hadn't name.

Key documents including a joint operating agreement were expected to besigned before the end of an exclusivity period that ran to 24 September.

i3 Energy said it continued to target first oil from Liberator in 2019.

At 1:25pm: (LON:I3E) I3 Energy Plc Ord 0.01p share price was -5.5p at 106p

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