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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 Mar 23, 2021 12:01pm
76 Views
Post# 32858300

RE:RE:RE:RE:Low Activity on IPO

RE:RE:RE:RE:Low Activity on IPOYa, that is all I need is more wagers in my life. I think my oil abd gas wagers are sufficient for my gambling addiction. I own IPO, OBE, YGR and a bit of BNE so I am loses up on Cardium players. Rather than say some are better than others, I hope they all climb. Of the four my least favourite is BNE and I hold a pretty modest position. The other three are all massively undervalued. The only knock I have against YGR is that they are more gassy which could be a good thing but right now it's not. From my analysis IPO is the cheapest but it is also a microcap and will not get the support from the broader market that the others might. After that it's OBE and then YGR a close third. My favourite metric is enterprise value divided by flowing barrels which is what I consistently use to establish relative value. I also like free cash flow as a % if share price which also favours the ordering I have chosen. My hope is that they all will quadruple by year end abd it will be a Merry Christmas for all. 
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