i3 Energy plc said that certain of its loan noteholders had exercised warrants over 9,051,927 ordinary shares in the company. Following admission, i3 Energy will have 1,201,899,967 ordinary shares with a nominal value of £0.0001 each.
Tag: i3 Energy plc
i3 Energy issues 3m incentive share options to CFO
i3 Energy plc has issued options over 3 million ordinary shares in the company at an exercise price of 20 pence to its chief financial officer. Jason Dranchuk received the options as part of i3’s management incentive and are in accordance with existing share schemes. Vesting will be in thirds and subject to the achievement […]
i3 Energy appoints Jason Dranchuk as CFO
i3 Energy plc has appointed Jason Dranchuk as chief financial officer (CFO) in a non-board role, effective from today. Mr Dranchuk has more than 25 years’ experience in senior finance roles in the energy sector with a focus on the Western Canadian Sedimentary Basin, a core area for the company. He also has more than […]
i3 Energy appoints Ryan Heath as executive director
i3 Energy plc has appointed Ryan Heath to the board as an executive director with immediate effect. Mr Heath was appointed president of i3 Canada, following i3’s acquisition in December 2020 of Toscana Energy Income Corporation, where he had been chief executive officer since 2019. Prior to Toscana, he was VP land & negotiations at […]
i3 Energy reports chairman and CEO share dealings
Oil and gas company i3 Energy plc announced share dealings by two directors of the company. PURCHASE Chairman John Festival purchased 1,000,000 ordinary shares of 0.01 pence each in the company at CAD0.355 per share. He now has 2,602,360 ordinary shares, representing 0.22% of the company’s issued share capital. Chief executive officer Majid Shafiq purchased […]
Europa-i3 to abandon Serenity SA02 well
Europa Oil & Gas (Holdings) plc said that, following “disappointing” results, it would abandon and plug the SA02 well in the joint venture Serenity field. STRATEGY The company owns 25% of the project with operator i3 Energy plc holding 75%. The gross well cost is forecast to be £10.4 million with an estimated total cost […]