Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 24, 2021 11:37am
83 Views
Post# 32866444

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

RE:RE:RE:RE:RE:RE:Low Activity on IPOYou make an excellent point about the ESG advantage of YGR which is why they were priced above OBE for most of last year. Those environmental liabilities come to the forefront when a company is in financial distress. These are very long term liabilities and they don't really matter at $60 oil which is why ObE blew past YGR. Suddenly the long term liabilities are long term again. So I agree that today's investor cares more about those things than ten years ago, if oil price is high, they switch to more conventional metrics once again which is why YGR better situation on ESG seems not to have borne a better stock price. 
<< Previous
Bullboard Posts
Next >>