ReutersReuters

UK-listed I3 Energy falls on lower annual profit, revenue

** Shares of i3 Energy I3EL down 5.1% at 10.44p

** The UK-based oil and gas co, with operations in Canada and UK North Sea, posts lower profit and revenue

** Co posts profit before tax for the year of 20.9 mln pounds ($1.13 mln) vs profit of 55.8 mln pounds, revenue down to 146.3 mln pounds from 208.4 mln pounds yr ago

** Flags loss of 3,100 barrels of oil equivalent per day (boepd) in Q2 due to restrictions associated with Alberta wildfires

** Stock down about 4% so far this year

($1 = 0.7984 pounds)

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