Gardline to conduct site survey at Liberator oil field

i3 Energy plc has contracted Gardline Ltd. to conduct a site survey at its Liberator field in the UK central North Sea.

Offshore staff

LONDONi3 Energy plc has contracted Gardline Ltd. to conduct a site survey at its Liberator field in the UK central North Sea.

The survey will cover the two production well locations to be drilled during the Phase I development of the Liberator oil field, a survey of the planned export pipeline route, and the appraisal well location for the recently awarded block 13/23c (Liberator West).

The work is expected to start next month. This should enable the company to complete its environmental statement and provide the necessary engineering and environmental data for inclusion in the Liberator field development plan (FDP) for which it is seeking approval in 1Q 2019.

In preparation of the updated FDP, expected to be submitted to the UK’s Oil & Gas Authority in 4Q 2018, i3 continues to advance critical studies and engineering work.

In addition, the company continues to progress the legally binding documentation regarding itsproposed Liberator joint venture, with the joint venture project team continuing its planning for the 2019 Liberator development and appraisal of Liberator West.

08/30/2018

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