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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, and 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 Cardium assets are located in West Central Alberta focused on 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 on an evolving Duvernay light oil play that offers potential material upside to the Company.


TSX:IPO - Post by User

Bullboard Posts
Comment by Bobwinson Dec 07, 2017 8:43am
92 Views
Post# 27107420

RE:RE:Hello InPlay shareholders

RE:RE:Hello InPlay shareholdersIt's going to be awhile waiting for information.  Will probably get a PR listing exit production, which should include production from first extended reach bioturbated well.  East Duvernay well is being drilled but won't be completed until after spring break so we'll have to wait until late spring/early summer for any production testing from that well.  

So like most juniors, there is an extended pause during the winter months waiting for the Q4 and annual results.  Hopefully the price of oil holds up during the next few months.  

IF IPO can show production from both the bioturbated Cardium and the East Duvernay, the market should revalue the land holdings and we should get a nice pop in 2018.  
Bullboard Posts