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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

Comment by Den949949on Feb 09, 2022 1:26pm
105 Views
Post# 34413299

RE:RE:IPO vs HME

RE:RE:IPO vs HME
Thanks for the reply

Am I comparing apples to apples?
Looking at HME, IPO 2022 reported guidance from each, FAFF = $28M, $56M
per share = $0.28, $0.64 
 
They are both paying debt down quickly. Expected debt-free 22Q2,23Q1, respectively
 
So wouldn't that mean HME is looking better on a cash flow basis?
$100 in HME would return 100*0.28/1.19 = 23.52
$100 in IPO would return 100*0.64/3.36 = 19.28

 
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