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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

Comment by Hendrick3on Feb 24, 2021 4:46pm
113 Views
Post# 32650451

RE:RE:RE:Took an initial position today.....

RE:RE:RE:Took an initial position today.....

If the only wart is that they have a partner that is a bit cash constrained, that's not bad especially when they have numerous100% locations in the short term. 

in a world of higher oil prices, cash becomes less of a problem even if they only drill using operational cash. 

Thanks for both of your posts. They have made me even more excited about this investment which I believe may have 500% upside in the next 18 months. 

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