Exploration

i3 Energy plans well campaign

Dolphin Drilling will provide the rig for 3 appraisal wells on Liberator and the Serenity prospect on the UKCS.

i3 Energy, an independent oil and gas company with assets in the UK announces a drilling campaign with Dolphin Drilling for a three-well appraisal and development drilling in summer. The wells will be targeting the A3 appraisal well in Block 13/23c, then Block 13/23d and finally the S1 well into the Serenity prospect.

Upon successful appraisal and development of Liberator and Serenity, i3 estimates it could produce more than 200 million barrels of oil from its current licences.

Liberator is an oil discovery in Lower Cretaceous Captain Sands reservoir near the producing Blake and Ross Fields, in blocks 13/23d and 13/23c. Liberator was discovered by Dana Petroleum in 2013 and was found to have 7m of net pay at the top of a 96m thick high-quality Lower Cretaceous Captain Sands reservoir with super-high permeability greater than 2 Darcy’s.

The Liberator discovery- i3Energy

Serenity is an extension of the Tain discovery, which is an unclosed oil-bearing structure immediately adjacent to the east into which there are 4 well penetrations.

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