InPlay Oil – 2022 Financial Recap Including Many Annual Records, A 2023 Outlook For Dividends, Growth and Debt Repayment
Doug Bartole, President and CEO of InPlay Oil (TSX:IPO – OTCQX:IPOOF) joins us to recap the 2022 Financial Statements released on March 15th and provide an outlook for the Company through 2023.
2022 Was a big year for the Company as it achieved record average annual production, annual adjusted funds flow and annual free adjusted funds flow, along with implementing a divided and paying down debt. We have Doug highlight the improvements in all these categories throughout 2022. We also discuss the increases in the Company’s Reserves.
For the 2023 outlook we ask Doug about growth plans including the overall budget for the year, the sustainability of the dividend and debt repayment plans.
If you have any follow up questions for Doug please email us. Our email addresses are Fleck@kereport.com and Shad@kereport.com.
Leave a Reply