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Iona Energy Inc. (TSX VENTURE:INA) is a Scotland-based Canadian oil and gas company focused on value creation from the mature parts of the oil and gas value chain, including appraisal and development of existing proven undeveloped oil and gas accumulations, redevelopment of previously producing fields and exploiting already existing producing fields through renewed late-life field development and increased oil recovery initiatives. In order to maximize value from existing infrastructure the company is occasionally involved in low risk infrastructure led exploration efforts. Iona’s license policy is centred on targeted acquisitions and licensing round applications supporting this strategy within well-known and established hydrocarbon basins. Through its operating subsidiaries, Iona US and Iona UK, the company is active in the United States (Alaska) and the UK Continental Shelf with its focus primarily on the UK North Sea.
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The innovation and passion of our people drive our success. Our purpose, Energizing the World, Bettering People`s Lives®, means we venture where others have not and create opportunities for the communities where we live and work. We operate safely, responsibly, and efficiently – from initial evaluation through discovery and production. Our founder`s philosophy still shapes our culture: surround yourself with good people and you cannot help but be successful. We`re proud to have built a company with a character to match our record of success. How? By building a team of professionals with varied backgrounds but a shared sense of purpose. We deliver energy resources from core operating areas that include positions in three premier unconventional U.S. onshore plays — the Denver-Julesberg (DJ) Basin, Eagle Ford Shale and Permian Basin — and conventional offshore operations in Eastern Mediterranean and West Africa. We operate with the flexibility and agility to succeed in any environment and to strategically grow and explore new opportunities worldwide.