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.

TSX:IPCO - Post by User

International Petroleum Ord Shs > A seat at the table?

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Comment by Oldnaggeron Jan 05, 2022 3:39pm

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Post# 34286576

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A seat at the table?

Opportunities await any company that has strong cash flow and low debt. The best opportunities are likely to come from some entity that wants to sell out from petroleum for ESG regions. Look at the nice deal VET got from Equinor in Europe. IPCO can sit back and play that same game, in the meantime, developing their Canadian Heavy Oil assets has become very profitable. Now that the latest well pair at Blackrock has been successful and pipeline capacity is expanding further next year , there is plenty of blue skies !!

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