i3 Energy plc, an independent oil and gas company with assets and operations in the UK, announces that the Borgland Dolphin semi-submersible drilling rig has arrived on location at the Liberator field and that the LPt-02 pilot well has now been spud. The Company will provide LPt-02 drilling results to the market when the well has reached total depth and acquired data has been evaluated. The results of the LPt-02 well will allow the location and trajectory of the future LP-02 production well to be optimized and will be plugged and abandoned as planned before the rig moves to the LA-03 location, the next well in i3's 2019 drilling program.

Majid Shafiq, CEO of i3 Energy commented:
"We are excited to now be on location and drilling the first of three high impact wells into our 100% owned Liberator and Serenity structures and look forward to updating the market as each well objective is achieved."

Link to i3 Energy UK country profile