InPlay Oil Corp. , a junior oil and gas exploration and production company with operations in Alberta focused on light oil production, today announced that President & CEO, Mr. Doug Bartole will present on Wednesday, April 20th, 2022 at 10:30AM Eastern Standard Time at NobleCon18 - Noble Capital Markets' Eighteenth Annual Investor Conference. A high-definition, video webcast of the presentation will be available the [...]
InPlay Oil Corp. announces its record setting financial and operating results for the three and twelve months ended December 31, 2021, and the results of its independent oil and gas reserves evaluation effective December 31, 2021 prepared by Sproule Associates Limited . InPlay's audited annual financial statements and notes, as well as Management's Discussion and Analysis for the year ended December 31, 2021 will be [...]
InPlay Oil Corp. is pleased to announce it has been named to the 2022 OTCQX? Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar [...]
InPlay Oil Corp. is pleased to announce that its Board of Directors has approved a $58 million capital program for 2022 which is forecasted to deliver 2022 average production of 8,900 - 9,400 boe/d . InPlay enters 2022 in the strongest position in the Company's history following a highly successful 2021, which saw the Company achieve record levels of annual production, adjusted funds flow and free adjusted funds flow [...]
InPlay Oil Corp. and Prairie Storm Resources Corp. are pleased to announce that they have closed on today's date the previously announced plan of arrangement under section 193 of the Business Corporations Act. Pursuant to the Acquisition, InPlay acquired all of the issued and outstanding common shares of Prairie Storm on the basis of $0.2514 in cash and 0.0524 of a common share of InPlay in exchange for each Prairie Storm [...]
InPlay Oil Corp. and Prairie Storm Resources Corp. are pleased to announce that the Court of Queen's Bench of Alberta has granted a final order approving the previously announced plan of arrangement involving, among others, Prairie Storm, InPlay and the holders of common shares of Prairie Storm . Pursuant to the Arrangement, InPlay will acquire all of the issued and outstanding Prairie Storm Shares in exchange for 0.0524 [...]
InPlay Oil Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. InPlay's condensed unaudited interim financial statements and notes, as well as Management's Discussion and Analysis for the three and nine months ended September 30, 2021 will be available at "www.sedar.com" and our website at "www.inplayoil.com". We are very pleased to present our third [...]
InPlay Oil Corp. is pleased to announce it has closed its previously announced bought deal public offering of 9,591,000 subscription receipts at a price of $1.20 per Subscription Receipt for aggregate gross proceeds of approximately $11.5 million . The Offering was co-led by Eight Capital and ATB Capital Markets Inc. on behalf of a syndicate of underwriters comprised of National Bank Financial Inc., Canccord Genuity Corp [...]
InPlay Oil Corp. is pleased to announce that it has entered into a definitive agreement to acquire Prairie Storm Resources Corp. , a light-oil Cardium focused producer with operations primarily in the Willesden Green area of central Alberta for total net consideration of approximately $40.5 million . The highly accretive Acquisition will be funded by a combination of a $10 million bought deal equity financing led by Eight [...]
InPlay Oil Corp. is pleased to provide an operations update and a preliminary outlook for 2022. InPlay continues to achieve strong results from our 2021 drilling program focused on the Pembina Cardium asset acquired in the fourth quarter of 2020. The three 100% Pembina Cardium Extended Reached Horizontal wells drilled in the first quarter of 2021 continue to flow without artificial lift and outperform our internal [...]
InPlay Oil Corp. is pleased to announce its financial and operating results for the three and six months ended June 30, 2021. InPlay's condensed unaudited interim financial statements and notes, as well as Management's Discussion and Analysis for the three and six months ended June 30, 2021 will be available at "www.sedar.com" and our website at "www.inplayoil.com". Second Quarter 2021 Financial & Operating Highlights [...]
InPlay Oil Corp. is pleased to provide an operations update. InPlay's average production in the second quarter of 2021 is forecast to be approximately 5,325 boe/d based on field estimates, representing a record quarterly production rate for the Company. Production is ahead of forecast as a result of the continued outperformance of six 100% Cardium wells drilled in Pembina, three of which were brought on production in the [...]