In the near term, i3 intends to bring the Liberator Field Cluster into production, with first oil in Q1 2018 in accordance with the Field Development Plan. In conjunction with this, the Directors intend to grow the business in the longer term through the further acquisition of development and appraisal assets.

Whilst i3 is focused on entering new ventures at the appraisal, development, production or near field exploration phase, this will not preclude it from considering each new opportunity in terms of relative technical and commercial merits within the context of the overall objectives of the Company. This approach may include divestments, acquisitions, farm-ins, farm-outs and exchanges of interests.