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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, as well as 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 Belly River light oil property is located on the east side of the Pembina Cardium Pool. It holds rights to an evolving Duvernay light oil play that offers potential material upside to the Company. Its Cardium assets are located in West Central Alberta focused on the Pembina and Willesden Green pools.


TSX:IPO - Post by User

Post by Paparico1on Jun 27, 2022 5:52pm
203 Views
Post# 34785896

Whipsaw action

Whipsaw action
This whipsaw action was one of the most beautiful bear traps I've seen for sometime.

https://snalaska.us/cot/current/charts/CL.png
As I posted before the open interest has fallen when oil as fallen too, is very bullish still.

I'm still sticking to my Canadian oil and gas holdings. To many issues in South America that are swing to the left and now talks of nationalizing Oil companies in US. Alberta Oil companies are rocking.

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