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.

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InPlay Oil Corp > Other Canadian Competitors

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Comment by Hendrick3on Apr 22, 2021 10:12am

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Post# 33044084

RE:RE:Other Canadian Competitors

That is correct although the additional reserves they now have came at a price in terms of additional shares outstanding or additional debt or both so I doubt that the basic percentages I presented have changed significantly.

I agree that the CPG acquisition looks the most promising but even in that case the purchased production for over $30,000 per flowing barrel. Both IPO and OBE are trading well below $30,000 per flowing barrel.

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