Strategic Production Acquisition and TSX Listing
i3 Energy announced today that is has entered an option agreement to acquire all of the outstanding shares of TSX listed Toscana Energy Income Corporation. Toscana produced on average 1,065 boe/d in 2019 and has 2P reserves of 4.65 mmboe of which 55% consists of oil (and natural gas liquids) and 45% consists of natural gas. Toscana's low-decline production is located in Western Canada. Toscana's lands include a very large holding over one of West ....
30 Mar 2020
WHI Equity Research: i3 Energy (I3E)
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WHI Equity Research: i3 Energy (I3E)
i3 Energy Plc (I3E:LON) | 12.6 0 (-0.9%) | Mkt Cap: 151.6m
- Published:
30 Mar 2020 -
Author:
Brendan Long -
Pages:
8
Strategic Production Acquisition and TSX Listing
i3 Energy announced today that is has entered an option agreement to acquire all of the outstanding shares of TSX listed Toscana Energy Income Corporation. Toscana produced on average 1,065 boe/d in 2019 and has 2P reserves of 4.65 mmboe of which 55% consists of oil (and natural gas liquids) and 45% consists of natural gas. Toscana's low-decline production is located in Western Canada. Toscana's lands include a very large holding over one of West ....