As previously announced on 8 November 2019, i3 Energy's majority noteholders agreed to extend the date by which the company must enter into a reserves based lending facility or find an alternative means of funding to achieve first oil from the Liberator field, to 30 April 2020. As the Company will not be in a position to enter into such a facility by 30 April, the Company is in discussions with all noteholders to waive this condition and expects to provide an update to the market prior to 30 Apr ....
24 Apr 2020
WHI First Light: I3 Energy (I3E)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
WHI First Light: I3 Energy (I3E)
i3 Energy Plc (I3E:LON) | 11.2 -0.2 (-11.5%) | Mkt Cap: 134.8m
- Published:
24 Apr 2020 -
Author:
Brendan Long -
Pages:
4
As previously announced on 8 November 2019, i3 Energy's majority noteholders agreed to extend the date by which the company must enter into a reserves based lending facility or find an alternative means of funding to achieve first oil from the Liberator field, to 30 April 2020. As the Company will not be in a position to enter into such a facility by 30 April, the Company is in discussions with all noteholders to waive this condition and expects to provide an update to the market prior to 30 Apr ....