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.

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InPlay Oil Corp > almost 60% of production nat gas and low value ngl's

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Post by drunk@noonon Sep 14, 2023 1:39pm

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Post# 35636516

almost 60% of production nat gas and low value ngl's

They try and hype this as an oil play, but at barely over 40% it's not. On top of that they always overspend cap ex over budget. See last quarter. They just don't get it. We want free cashflow, not someone drilling to increase production of mostly nat gas and ngl's with a fraction of the netback of oil.

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