i3 Energy Ltd. is a Canada-based, publicly traded oil and gas exploration and production company headquartered in Calgary, Alberta. The company focuses on the acquisition, development and optimization of primarily light-oil and liquids-rich assets in Western Canada. Trading under the symbol ITEEF on the OTC Markets, i3 Energy pursues a growth-focused strategy centered on disciplined capital allocation and operational efficiency.
The company’s core asset base is concentrated in two key regions: Central Alberta and West Central Saskatchewan. In these areas, i3 Energy holds a portfolio of operated conventional oil and liquids-rich natural gas properties with established production infrastructure. Through targeted drilling programs and the application of well-established completion techniques, the company aims to maximize recovery from its acreage while maintaining strict cost controls.
Originally founded as BNK Petroleum Ltd., the business underwent a strategic rebranding in May 2020 to become i3 Energy Ltd., reflecting its renewed focus on North American assets. As part of this repositioning, i3 Energy divested its non-core international holdings to concentrate on domestic operations. The current leadership team, led by Chief Executive Officer Giles Perring, draws on extensive industry experience to guide the company’s growth and maintain operational discipline.
i3 Energy leverages existing infrastructure and local partnerships to minimize capital intensity while enhancing program flexibility. The company regularly evaluates its asset portfolio for opportunities to optimize production, control operating costs and deliver consistent, long-term value. With a commitment to environmental stewardship and community engagement, i3 Energy seeks to balance growth objectives with responsible resource development.
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