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I3 Energy’s $53.7m deal to acquire package of oil and gas assets from Cenovus Energy

i3 Energy PLC’s (LON:I3E, ) Majid Shafiq and Graham Heath join Proactive London to explain the C$65mln deal to expand its footprint in Central Alberta. 

The firm will acquire assets producing around 8,400 barrels of oil equivalent per day from . 

As well as strong free cash flow, the deal is expected to deliver extensive operational synergies, predictable low-decline production, and a large reserve base with multi-year development inventory.

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Read More: I3 Energy’s $53.7m deal to acquire package of oil and gas assets from Cenovus Energy

2021-07-08 02:12:00

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