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About the company
InPlay Oil Corp. is a Canada-based junior oil and gas exploration and production company with operations in Alberta focused on light oil production. The Company 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 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. A large portion of this production is supported by waterflood, providing a low decline asset with low capital requirements to maintain production. It also holds rights on an evolving Duvernay light oil play that offers potential material upside to the Company.
- Revenue in CAD (TTM)215.70m
- Net income in CAD-8.66m
- Incorporated2022
- Employees28.00
- LocationInPlay Oil Corp2000 - 350 7th Avenue SWCALGARY T2P 3N9CanadaCAN
- Phone+1 (587) 955-9570
- Fax+1 (587) 955-0630
- Websitehttps://www.inplayoil.com
Mergers & acquisitions
| Acquired company | IPO:TOR since announced | Transaction value |
|---|---|---|
| Obsidian Energy Ltd-Pembina Assets | 40.50% | 225.40m |
