The cash proceeds from the transaction will be used to reduce debt, improving Obsidian Energy's balance sheet and liquidity.
CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") is pleased to announce that it has entered into ...
InPlay Oil Corp. ("InPlay" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters led by ATB Securities Inc., National Bank ...
InPlay Oil said it would buy assets mostly in the Pembina area of Alberta under an agreement with Obsidian Energy and certain Obsidian affiliates.
Noble Financial analyst Mark Reichman maintained a Buy rating on InPlay Oil Corp. (IPO – Research Report) today and set a price target of ...
100% Increase in Production and >170% Increase in Light Oil Production: The Acquired Assets more than double InPlay's production to over 18,750 boe/d 2, with oil production increasing to over ...
The Acquired Assets are consistent with InPlay's business model of acquiring high quality, operated, light crude oil reservoirs with large original oil in-place (" OOIP "). The Acquired Assets ...
As a result of this transformative divestiture, Obsidian Energy will be well positioned to leverage our strong balance sheet ...
InPlay Oil Corp. (OTCMKTS:IPOOF – Get Free Report) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 494,000 shares, an ...
Obsidian Energy agreed to sell its operated Pembina assets to InPlay Oil in a ~$320M deal. including a 34.6% interest in the ...