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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 May 17, 2021 7:53pm
188 Views
Post# 33218217

Good Accountability

Good AccountabilityJust received my IPO proxy circulars. Interesting to note that Management took it on the chin in 2020 not receiving any bonuses or awards. While I empathize, it is the responsible thing to do. Bartole made about a quarter of what he made in 2019. While I am sure Management will do extremely well over the next few years, it was good to see that Management's fortunes are well aligned with the shareholders. Secondly I noticed that Board members receive $15,000 in remuneration annually which is extremely low as well. I am really impressed more everyday with this company's values and capabilities. 
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