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

InPlay Oil Corp > IPOOF

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Comment by caretired1on Nov 06, 2021 12:41pm

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Post# 34095866

RE:RE:RE:RE:RE:IPOOF

And At a market cap of $150 million, it's too small for him. To get an 8% stake that's $12 million buy the stock only trades about $500k per day so he just can't buy enough at once. It's good buy, imo, a double for sure over 6-12 months

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