International Petroleum Ord Shs T.IPCO

Alternate Symbol(s): IPCFF

Energy Oil & Gas E&P

International Petroleum Corp. is a Canada-based international oil and gas exploration and production company. It has a portfolio of assets located in Canada, Malaysia and France. Its oil and gas assets in Canada are located in Alberta and Saskatchewan. The Suffield area oil and gas assets and the Ferguson oil asset are high quality conventional assets located in southern Alberta. Its principal assets in northern Alberta and Saskatchewan are the Blackrod and Onion Lake projects, which are heavy crude oil assets applying conventional and steam assisted development methods. Its oil and gas assets in France are comprised of operated assets in the Paris Basin and non-operated assets in the Aquitaine Basin. It holds a 100% working interest and operatorship in the Bertam field producing light high-quality oil. The Bertam field is located 170 kilometers offshore to the east of Peninsular Malaysia in Block PM307. It consists of an unmanned wellhead platform and 14 active horizontal wells.

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International Petroleum Ord Shs > Blackrod

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Comment by kavern23on Jun 23, 2021 11:53am

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Post# 33434515

RE:RE:RE:RE:RE:Blackrod

I fully expct a sharebuyback at min from mangement...the FCF is sick here

kavern23 wrote: Oldnagger...I am back into IPCO abit. The only negative with IPCO is the lack of trading volume and interest. Agree with eveything you say...IPCO is massively undervalued and not noticed by the market. Should be 6.50-7 bucks easily....

Oldnagger wrote: improving conditions leave lots of head room. It is just a question of how long it will take for the market to realize the tremendous store of value. free cash flow returns will still be well north of 30 % per annum based on the present share price and commodity pricing .