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International Petroleum Ord Shs T.IPCO

Alternate Symbol(s):  IPCFF

International Petroleum Corporation is a Canada-based oil and gas exploration and production company. The Company has a portfolio of assets located in Canada, Malaysia, and France. Its oil and gas assets in Canada are located in Alberta and Saskatchewan. The Suffield area oil and gas assets and the Ferguson oil asset are conventional assets located in southern Alberta. IPC’s principal assets in northern Alberta and Saskatchewan are the Blackrod and Onion Lake projects which are heavy crude oil assets applying conventional and steam assisted development methods. Onion Lake Thermal is a conventional heavy oil property located in the Lloydminster area in Saskatchewan. The Suffield area assets are conventional oil and gas assets held over a large, contiguous land position of 800,000 net acres of shallow gas rights and 100,000 net acres of oil rights. The Bertam field is located 170 kilometers offshore to the east of Peninsular Malaysia in Block PM307.


TSX:IPCO - Post by User

Comment by PabloLafortuneon Jul 31, 2023 10:27am
97 Views
Post# 35564628

RE:RE:RE:Monday, monday just love that day

RE:RE:RE:Monday, monday just love that dayOld, ^ what you said. I can park this IPCO stock somewhere, not look at it for years and be quite certain it'll still be there and probably have generated a nice return. If you think about it, they have world class (heavy oil for better or for worse) E&P assets, world class financial management and they're under valued relative to their Canadian peers whose assets may or may not be as good and would almost certainly not have the financial acumen or backing that IPCO has.  Now, if someone wants an oil and gas get rich quick scheme, I don't think this is it.
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