InPlay Oil – Transformational Acquisition, Q2 Outperformance, and Growth Strategy
We welcome back Doug Bartole, President & CEO of InPlay Oil (TSX:IPO – OTCQX:IPOOF), to discuss the company’s transformational acquisition of assets in the Pembina area of Alberta from Obsidian Energy, closed earlier this year.
This deal more than doubled production and positioned InPlay as a much larger, more efficient operator. With Q2 results now in, Doug walks us through how the new assets are performing, what it means for free cash flow, and how the company plans to balance debt reduction, dividends, and future growth.
Key topics include:
- Overview of the $305M Pembina acquisition and its impact on production (Q2 reported +20,000 BOE/d).
- Q2 highlights: stronger-than-expected funds flow, reduced debt, and well outperformance.
- Debt reduction strategy and sensitivity to oil price scenarios ($60–$90 WTI).
- Synergies from the new assets and Cardium drilling economics with 10-15 years of tier-one inventory.
- Long-term growth potential through disciplined M&A and drilling, with the goal of scaling to 40-60,000 BOE/d.
- The role of new strategic shareholder Delek Group (32.7% ownership) and the advantages it brings.
If you have follow-up questions for Doug or specific topics you’d like us to cover in future updates, email us – Fleck@kereport.com or Shad@kereport.com.
Click here to visit the InPlay Oil website to learn more about the Company.
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HGRAF : Spike Retest Likely