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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 Nov 02, 2021 9:14am
146 Views
Post# 34076472

Latest rumours

Latest rumoursSome are speculating that OBE is putting together a merger deal with IPO which is why the sudden burst in both stocks. I had indicated many months ago that this would be a very good merger if it happened because it would give economies of scale and combine an amazing operations organization (IPO) with an amazing land holder in the Cardium (OBE) and not too bad an operator either. They would have combined production of about 35,000 boe equivalent and a massive opportunity base for many years to come. Just rumours but very interesting. 
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