Submission of 'Environmental Statement' and 'Field Development Plan' for the Liberator Field Development

Monday 2 October 2017

i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that the Environmental Statement ('ES') for the development of i3's 100% operated and owned Liberator field has been submitted to the Department for Business, Environment and Industrial Strategy ('BEIS') for review and, as is mandatory, for public consultation.

The ES addresses potential environmental impacts from the Liberator development and is an important element in the approval process for the Liberator Field Development Plan ('FDP'). The ES, in addition to the review by BEIS, has been sent for comment to appropriate stakeholders as well as being published for public consultation.

A copy of the ES is available on the Company's website at www.i3.energy.

i3 is also pleased to announce that, as requested by the Oil & Gas Authority ('OGA'), the Company has now submitted its FDP for the Liberator development to the OGA and will continue with the review process through the coming weeks.

John Woods, i3's Chief Developments Officer, commented

"Submission of the Liberator Field Environmental Statement for public and BEIS review marks another important milestone for i3 with respect to project delivery. Further, with the FDP review process, we continue to make excellent progress through the planning and approvals required to allow us to execute the field development during 2018."

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