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

InPlay Oil Corp

Bullboard Posts

Post by stock123on Feb 21, 2018 8:39pm

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Post# 27598822

$.20 spike in share price but low volume

The shares spiked $.20 in the last 30 minutes of trading today on just 10k shares.

I have been a nano shareholder of Inplay since it and AXL merged in 2016. Prior to the merger, I lost most of my original investment in AXL when it restructured its debt in 2015.

Is Inplay headed for a restructuring as well? I know some posters here think that the co's leverage is too high. But, the company`s debt to capital ratio is only 17% according to RBC. Doesn't this make the shares very cheap? TIA

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