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InPlay Oil Corp. T.IPO

Alternate Symbol(s):  IPOOF

InPlay Oil Corp. is a Canada-based junior oil and gas exploration and production company with operations in Alberta focused on light oil production. It operates long-lived, low-decline properties with drilling development and enhanced oil recovery potential, as well as undeveloped lands with exploration possibilities. It is engaged in the acquisition, exploration and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas and natural gas liquids. Its operations are focused on its concentrated light oil asset base located in West Central Alberta. Its primary target is the Cardium Formation within the Pembina and Willesden Green pools. Its Belly River light oil property is located on the east side of the Pembina Cardium Pool. It holds rights to an evolving Duvernay light oil play that offers potential material upside to the Company. Its Cardium assets are located in West Central Alberta focused on the Pembina and Willesden Green pools.


TSX:IPO - Post by User

Comment by Hendrick3on Jul 03, 2021 8:41am
142 Views
Post# 33489367

RE:you don't understand Hendrick: you buy back your undervalued

RE:you don't understand Hendrick: you buy back your undervaluedThe reason he keeps talking about acquisitions is that last year they had a game changing acquisition that they stole. They should always be looking for those but I think in this environment the chances of getting another one even close to that is slim and none. This management team is extremely bright and they obt do anything impulsive or ill advised. In terms of the share price, I don't think yesterday is reflective of anything except the fact that no stock goes straight up. Some folks decided to take some profit. Hardly a sign of loss of faith in management. This one is going much higher with or without some Monday morning quarterbacks. It's only up 2500% off its lows!!
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