I3 Energy Share Discussion Threads

[risk assesor] 10/8/2017 08:15

its already moving.....

[kirk 6] 09/8/2017 19:12

Couldn't buy any below 34p at close. This could hit 40p tomorrow

[risk assesor] 09/8/2017 16:18

on the way up from whence she came...nice

[risk assesor] 09/8/2017 10:23

129p to buy now....over 1500 shares

[risk assesor] 09/8/2017 10:18

big buys paying over....no stock down here

[showme01] 02/8/2017 16:47

www.proactiveinvestors.co.uk/companies/stocktube/7873/i3-energy-could-be-worth-north-of-150mln-after-cash-injection-7873.html

Great story. 10 minute interview

[currypasty] 31/7/2017 11:03

I think that the short term issue will be some of the Glenwick shareholders who now have, or will soon to have, their i3e shares, and selling them! It is probably inevitable that as GWIK holders have been unable to trade for some time, now have an opportunity to claw back some cash.

[papillon] 30/7/2017 11:15

FACTS, showme01? Well one FACT, showme01, you haven't yet mentioned is that the I3E is dropping like a stone! Perhaps you'd care to explain why that is? tia

PS. Sounds to me like you are losing your shirt on I3E.

[showme01] 29/7/2017 10:29

i3 first investment......not bad for starters!........
The Company holds a 100% interest in the Liberator Licence Area, a high quality, low cost, oil development opportunity, targeting first oil in Q1 2018 at 7,300 barrels of oil equivalent per day ('BOEPD'). i3 Energy acquired its interest in Licence P.1987, Block 13/23d, which contains the Liberator oil field, from Dana Petroleum in December 2016. Liberator was discovered by Dana Petroleum in November 2013 with well 13/23d-8 and is estimated to contain 51 million barrels of oil equivalent ('MMBOE') initially in place, with an estimated 16 MMBOE recoverable of total 2C contingent resources.

[showme01] 29/7/2017 10:25

Let's concentrate on facts eh!

Very experienced board...

Neill A. Carson Chief Executive Officer

Neill has over 31 years of management and international project experience in the oil & gas industry.

In early 2004, Mr. Carson co-founded Ithaca Energy Inc. where he served as its President and a Director from April 2004 and acted as Chief Operating Officer until late 2007. While at Ithaca, Neill was responsible for asset acquisitions, all aspects of operations and safety, general corporate strategy, and the drilling of four successful oil wells. During his tenure at Ithaca, the portfolio grew to 39 MMboe of proven plus probable reserves and was on plan to deliver 8,000 boe/day of production. Neill founded Iona Energy Inc. in late 2007 where he served as Chief Executive Officer until his departure in mid 2014 to form i3. Responsible for all aspects of corporate strategy and portfolio development, he grew Iona to 40 MMboe of 2P reserves and saw peak production of 6,700 boe/day.

Prior to Ithaca Energy, Neill spent 23 years at BP Amoco and was responsible for numerous exploration, development and production.

Graham Heath Chief Financial Officer

Prior to co-founding i3 in late 2014, Graham served as VP Corporate Development and later as Interim CFO at Iona Energy from December 2010 alongside Neil Carson.

During his time at Iona, Graham worked with the senior management team to build the company from infancy to 40MMboe of 2P reserves and production above 6,000 boe/day, listing the company on the Toronto Venture Exchange, and structuring equity, debt, and derivative financings in excess of US$670million

Prior to joining Iona, Graham Heath’s 14 year career focused on energy-related tech startups and consulting within Alberta’s Oil and Gas Industry. Between 1998 and 2010, Graham consulted to Colt Engineering, PanCanadian Petroleum, EnCana Corporation and Cenovus Energy. From 2002 to 2006, Graham was Cofounder and VP of Strategic Development for The CO2 Hub – a marketplace created to facilitate the sale and purchase of carbon dioxide and its related purification, compression, storage, and transportation services – designed to foster the aggregation of CO2 supply and demand for its use in enhanced oil recovery. Graham Heath holds a Bachelor of Commerce from the University of Calgary.

[papillon] 28/7/2017 12:40

Well done on your sell, CURRYPASTY! I wonder if showme01 still holds and is nursing a large loss? He definitely needs to get his facts right before posting.

Re: UKOG. It peaked, intraday, at 10.875p on Wednesday, but it's dropping fast. I wouldn't like to say where the UKOG share price is going in the short term! Maybe under 3p? LOL. I wonder if Lucien Miers increased his short position in UKOG on Tuesday and/or Wednesday?

[currypasty] 28/7/2017 12:24

you are quite right Papillion, which is why I just said I chuckled at the short tip, and not who said it.

However, it is possibly confusing when emails are sent out, who actually said what, and just the headline remains.. short ukog at 3p!


My stance on I3E is that I bailed out. I bought the loan notes which converted at 41.25p, and managed to dump them at 43. I did trade a few in the market when the MM's opened up near 30p, but dumped them too.

good luck anyone still holding

[showme01] 26/7/2017 17:29

Major interest in shares RNS out.

BNY Mellon is the world’s largest multi-boutique investment manager. They have just declared 18%.

We knew from the listing article that City Financial Investment Company Limited had these shares but the declared specific share holder is very interesting

[currypasty] 25/7/2017 21:28

I did chuckle at that short tip.. touched 7.65p today!

[currypasty] 25/7/2017 16:19

comment from 'share profits'

"i3 Energy - a $50m fund raise becomes zero fund raise and £14m market cap (oops make that £11m) - disastrous IPO"

[showme01] 25/7/2017 11:47

Curry, I went to the i3 presentation last night. All very positive for H1 next year. They will need to raise £30m later this year and very confident that they can do it higher than the listing price today at 55p. They had £20m raised over 55p but didn't get the full £30m with a combination of Brexit and falling oil prices so they decided to do the full raise later in the year within the secondary markets.
I've been buying more at 43p and have 60m GWIK shares to convert into i3 shares too :-)

[currypasty] 25/7/2017 09:13

Perhaps the market makers had a different idea of the price, than the Company?

Very illiquid, Directors put a lot of their own cash in and with no placing on listing, free float is tiny. Its now up to management to get the story across, and get the price up. I guess they will need more cash at some point. Loan notes converted at 41.25p.

[thetoonarmy2] 25/7/2017 09:03

Strange trading Curry, says it came to market at 55p yet opened at 28p now 41p you figure?

[currypasty] 25/7/2017 08:14

starts trading today