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InPlay Oil Corp

Company Summary

Description

InPlay is currently a private exploration and production company, but concurrently with the announcement of the Pembina asset sale, it has announced a proposed reverse takeover transaction which among other things, would provide for a public listing for its shares on the Toronto Stock Exchange.

Website

http://www.inplayoil.com/

Operational Regions

  • Western Canadian Sedimentary Basin
  • Cardium Tight Oil Formation
  • Spirit River Formation

Financial Data:


Tickers:

  • IPO - Toronto Stock Exchange

Related Entities

Recent news

  • 5/31/2023 - InPlay Oil Corp. Returns... (subscriber access)
  • 3/20/2023 - InPlay Oil Releases 2022... (subscriber access)
  • 1/24/2023 - InPlay Oil Corp.... (subscriber access)
  • 11/9/2022 - InPlay Oil Corp... (subscriber access)
  • 11/9/2022 - InPlay Oil Corp Adds an... (subscriber access)

Investor Presentations

  • September 2018 Corporate Presentation
  • January 2018 Corporate Presentation (subscriber access)
  • January 2018 Investor Presentation (subscriber access)
  • Investor Presentation - April 2017 (subscriber access)

Company Transactions

Date: 11/15/2021
Type: Acquisition

BUYERS:
  • InPlay Oil Corp
    • SELLERS:
  • Prairie Storm Resources Corp.
    • DETAILS:

    COST: 50 $MM

    VOLUMES: 1.8 MBOE/d

    ACRES: 37995 Acres

    NOTES:
    Prairie Storm Resources has signed an acquisition agreement with InPlay Oil Corp, under which InPlay will purchase all outstanding common shares via a plan of arrangement. Each shareholder will receive 0.0524 of a common share in InPlay and $0.2514 in cash for every share held. The aggregate price is $40 million in cash and 8.33 million shares of common stock, representing a net $50 million deal to buy Prairie Storm.
    REGIONS:
  • Cardium Tight Oil Formation

    • Date: 10/2/2018
    Type: Acquisition

    SELLERS:
  • InPlay Oil Corp
    • DETAILS:

    COST: 16.7 $MM

    VOLUMES: 250 BOE/d

    NOTES:
    InPlay Oil Corp. successfully closed its previously announced strategic disposition of certain non-core oil and gas properties containing net production of roughly 250 BOE/d in the West Pembina area of Alberta for cash consideration of $16.7 million.
    REGIONS:
  • Western Canadian Sedimentary Basin

    • Date: 3/31/2018
    Type: Acquisition

    SELLERS:
  • InPlay Oil Corp
    • ASSETS:
  • Willesden Green Natural Gas Facility
    • DETAILS:

    COST: 10 $MM

    REGIONS:
  • Western Canadian Sedimentary Basin

    • Date: 3/22/2018
    Type: Acquisition

    BUYERS:
  • InPlay Oil Corp
    • DETAILS:

    COST: 5.7 $MM

    VOLUMES: 100 BOE/d

    ACRES: 6059 Acres

    REGIONS:
  • Cardium Tight Oil Formation

    • Date: 9/20/2016
    Type: Acquisition

    BUYERS:
  • InPlay Oil Corp
    • SELLERS:
  • Bellatrix Exploration Ltd.
    • DETAILS:

    COST: 47 $MM

    VOLUMES: 950 BOE/d

    NOTES:
    Sale of the company's non-core Cardium acreage. Bellatrix will maintain mineral rights on formations above and below the Cardium.
    REGIONS:
  • Cardium Tight Oil Formation
  • Spirit River Formation

    • Date: 9/15/2016
    Type: Merger

    BUYERS:
  • InPlay Oil Corp
    • SELLERS:
  • Anderson Energy Inc
    • DETAILS:

    VOLUMES: 3.8 MBOE/d

    ACRES: 91745 Acres

    NOTES:
    Shareholders of InPlay will receive 0.1303 common shares of new InPlay per share of current InPlay while shareholders of Anderson will receive a 1:1 swap, valuing Anderson shares at $2.30 per unit (4.9% premium to stock price at time of deal).
    REGIONS:
  • Cardium Tight Oil Formation
  • Pembina Oil Field
  • Belly River Oil Play
  • Duvernay Formation