InPlay Oil Update - April 7

Post Reply
dan_s
Posts: 34637
Joined: Fri Apr 23, 2010 8:22 am

InPlay Oil Update - April 7

Post by dan_s »

I have posted the updated profile and forecast model for InPlay to the EPG website.

It is a gross understatement to say that Canadian Juniors are out-of-favor these days. That will change as oil prices move higher and InPlay should be at the top of a lot of lists. They have lots of running room in two very good horizontal oil plays in Alberta.

InPlay's cash on hand and cash flow from operations should be enough to fund their entire 2019 D&C program, which will increase their production by ~500 Boepd.
Dan Steffens
Energy Prospectus Group
Post Reply