i3 Energy plc: Operational and Update

Friday 22 March 2019

Operational - Gardline Limited contracted to conduct a site survey

i3 has contracted Gardline Limited to conduct a site survey for its 2019 and 2020 drilling program plus the pipeline route for its Liberator Phase I development. Works have begun and are expected to complete during the month of March and are being conducted by the Ocean Observer survey vessel.

The survey will cover the locations of Liberator's Phase I production drill centre and associated development wells, in addition to the planned export pipeline route. Also being surveyed are the Liberator A3 and Serenity S1 appraisal well locations.

The survey will enable the Company to complete its Environmental Statement and provide the necessary engineering and environmental data to finalise its planning for its expected 2019 three-well drilling campaign and for inclusion in the Liberator Field Development Plan ("FDP").

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