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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

Post by Hendrick3on Mar 19, 2021 4:26pm
194 Views
Post# 32840308

Low Activity on IPO

Low Activity on IPONot much happening post the results March 17. Next week the insiders will likely have access to buying shares for the first time since end of December. I presume some will want to add to their positions while the price is low. Free cash flow estimates suggest almost a 50% return on the share price. Add to that analyst upgrades and this should be 60 cents plus very soon. 
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