In Play results & Govt help
Re: In Play results & Govt help
Thanks for posting this. I was not expecting them to report Q2 results this week.
Canada has done a great job of supporting energy and mining companies. This is a prime example.
InPlay Oil and Hemisphere Energy have big upside for us if oil just gets back to $50. Hemisphere is generating lots of free cash flow today thanks to their hedges. InPlay has more long-term upside because they have a large position in the Duvernay Shale play. I've know Doug and Don for over ten years. They are solid guys with good teams.
Canada has done a great job of supporting energy and mining companies. This is a prime example.
InPlay Oil and Hemisphere Energy have big upside for us if oil just gets back to $50. Hemisphere is generating lots of free cash flow today thanks to their hedges. InPlay has more long-term upside because they have a large position in the Duvernay Shale play. I've know Doug and Don for over ten years. They are solid guys with good teams.
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group