International Petroleum Ord Shs T.IPCO

Alternate Symbol(s): IPCFF

Energy Oil & Gas E&P

International Petroleum Corp. is a Canada-based international oil and gas exploration and production company. It 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 high quality conventional assets located in southern Alberta. Its 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. Its oil and gas assets in France are comprised of operated assets in the Paris Basin and non-operated assets in the Aquitaine Basin. It holds a 100% working interest and operatorship in the Bertam field producing light high-quality oil. The Bertam field is located 170 kilometers offshore to the east of Peninsular Malaysia in Block PM307. It consists of an unmanned wellhead platform and 14 active horizontal wells.

TSX:IPCO - Post by User

International Petroleum Ord Shs > Oil Stocks Could Outperform in 2021

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Comment by Oldnaggeron Dec 30, 2020 5:13pm

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Post# 32199891

RE:RE:RE:RE:Oil Stocks Could Outperform in 2021

One big problem is its trading location in Sweden. definetly unloved in a country that is convinced that petroleum is going the same way as the Dodo bird.
The value is increasing now and so are cash flows A resumption of share buybacks would help in the short term. Once the debt issue is clearly resolved it could double based on last years share prices Longer term eat healthy and get plenty of exercise you will be handsomely rewarded.

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