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

Comment by tickertomon Nov 25, 2019 10:42am

107 Views

Post# 30389168

RE:Needs a 1 for 10 consolidation

I am trying to understand your logic. IPO has 40 milion shares out and barely trades. The volume is non existant and your suggestion is to reduce the number of shares to 4 milion at a price $5.70 a share. Every time a company consolidated, i lost money, most of it. Because the share price went down from the $5.70 back and close to $0.57. I know IPO is a good company, they have producing wells, strong balance sheet. Spring will be better!! GLTA

Bullboard Posts

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