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 > Back to $4 with better balance sheet, more production

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Post by Rational43on Sep 12, 2023 5:42pm

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Post# 35632572

Back to $4 with better balance sheet, more production

On its way back to $4, with a stronger balance sheet, high dividend, and more production than it had last time it hit that mark.

A completely overlooked stock evaluted by chimps comparing zero growth FCF to companies growing production 10%+ per year.

At these oil prices plenty of cash to pay down debt to zero, pay almost 7% dividend and grow production 10%+.

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