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With much of Europe gripped in an oil and gas supply crisis, i3 Energy remains focused on the acquisition, development, and production of long-life, low-decline, high-return assets. The company is anchored in Canada and the United Kingdom, with assets in Western Canada’s sedimentary basin as well as the UK’s North Sea. The company’s CEO Majid Shafiq sat down with The Market Herald’s Simon Druker to talk about its asset valuations, a successful 2022 and what lies ahead. TMH: To start with, give us an overview of the company and explain to us where your focus and exploration strategy lies. You have assets in two very different parts of the world. MS: So, as you mentioned, we’re an oil and gas corporation. We are duel listed on the main board of the Toronto Stock Exchange and the AIM market in London. We originally listed in London in 2017 with a development asset in the North Sea and we still have a small development asset in the North Sea but in 2020 and 2021 we decided to enter the Canadian market because of the really good opportunities that we saw in oil and gas at really good valuations and so we […]
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