{"id":45596,"title":"i3 Energy PLC (LON:I3E) CEO Majid Shafiq and CFO Graham Heath Interview","publisher":"Share Talk","author":"sharetalk","published":"2019-01-14T08:28:16+00:00","modified":"2019-01-14T08:30:58+00:00","canonical_url":"https://www.share-talk.com/i3-energy-plc-loni3e-ceo-majid-shafiq-and-cfo-graham-heath-interview/","markdown_url":"https://www.share-talk.com/i3-energy-plc-loni3e-ceo-majid-shafiq-and-cfo-graham-heath-interview.md","json_url":"https://www.share-talk.com/i3-energy-plc-loni3e-ceo-majid-shafiq-and-cfo-graham-heath-interview.json","category":"Energy","categories":["Energy"],"tags":["Graham Heath","i3 Energy Plc","I3E","Interview","Majid Shafiq"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"i3 Energy plc’s (LON:i3E) CEO Majid Shafiq and CFO Graham Heath discuss with Proactive London’s Andrew Scott a letter of intent that’s been [signed for a multi-well drill programme](https://www.investegate.co.uk/i3-energy-plc--i3e-/rns/operational-and-funding-update/201901100724116870M/) that’s intended to take the Liberator field to the cusp of production.\n\n \n\nThe company’s received proposals regarding offtake terms for Liberator’s future production plus they also give an update as to the ongoing project financing work.\n\nThey’re presently negotiating terms for US$100-130mln of debt to fund appraisal drilling and the Phase 1 Liberator development capital expenditure with an agreement expected in the near-term.\n\nSource Link[www.proactiveinvestors.co.uk](https://www.proactiveinvestors.co.uk/companies/stocktube/11800/i3-energy-team-discuss-multi-well-drill-campaign-and-development-plans-for-2019-11800.html)"}