I3E – i3 Provides Liberator Update

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that it continues to progress the necessary documentation with the UK’s Oil & Gas Authority (“OGA”) to achieve Field Development Plan (“FDP”) approval in early 2019 for the Company’s 100% owned and operated Liberator development.

i3 expects to enter the final authorisation phase of the OGA’s FDP planning and consent process in Q1 2019 and continues to position itself for mid-2019 development execution with Liberator Phase I first oil anticipated in mid-2020.

John Woods, i3’s COO, commented 

“We are pleased by the progress being made towards Liberator Phase I field development approval and are appreciative of the ongoing support and guidance of the OGA.”