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InPlay Oil Corp. Announces Extension of Credit Facility

May 27, 2022 via Globenewswire Tagged With: TSX:IPO

CALGARY, Alberta, May 27, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces that the Term Out Date and Borrowing Base redetermination applicable to the revolving line of credit (Tranche A and Operating Facilities) under the Company’s Senior Credit Facility has been extended from May 31, 2022 to June 30, 2022.  InPlay and its banking syndicate are in the process of negotiating the annual renewal and redetermination and have agreed to the extension in order to provide additional time to finalize terms.

For further information please contact:

Doug Bartole
President and Chief Executive… Continue Reading

InPlay Oil Corp. Announces Annual Meeting Voting Results for Election of Directors

May 19, 2022 via Globenewswire Tagged With: TSX:IPO

CALGARY, Alberta, May 19, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announced today the voting results for the election of directors at its annual meeting of shareholders held on May 19, 2022 (the “Meeting”). The following five nominees were elected as directors of InPlay to serve until the next annual meeting of shareholders or until their successors are elected or appointed, with common shares represented at the Meeting voting in favour of individual nominees as follows:

Director   Percentage Approval   Percentage Withheld   Douglas J. Bartole   99.8 %   0.2 % Joan E. Dunne   99.6… Continue Reading

InPlay Oil Corp. Announces First Quarter 2022 Financial and Operating Results Highlighted by Record Quarterly Production and Financial Results

May 11, 2022 via Globenewswire Tagged With: TSX:IPO

CALGARY, Alberta, May 11, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its record setting financial and operating results for the three months ended March 31, 2022, our first full quarter incorporating the acquisition of Prairie Storm Resources Corp. (“Prairie Storm”). InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2022 will be available at “www.sedar.com” and our website at “www.inplayoil.com”. Our corporate presentation will soon be available on our website.

First Quarter 2022 Financial & … Continue Reading

InPlay Oil Corp. Presenting at NobleCon18; Noble Capital Market’s 18th Annual Investor Conference

April 19, 2022 via Globenewswire Tagged With: TSX:IPO

CALGARY, Alberta, April 19, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF), a junior oil and gas exploration and production company with operations in Alberta focused on light oil production, today announced that President & CEO, Mr. Doug Bartole will present on Wednesday, April 20th, 2022 at 10:30AM Eastern Standard Time at NobleCon18 – Noble Capital Markets’ Eighteenth Annual Investor Conference.

A high-definition, video webcast of the presentation will be available the following day on the Company’s website www.inplayoil.com, and as part of a complete catalog of presentations available at Noble Capital Markets’ Conference website: www.nobleconference.com and … Continue Reading

InPlay Oil Corp. Announces Record Setting 2021 Financial, Operating and Reserves Results

March 16, 2022 via Globenewswire Tagged With: TSX:IPO

CALGARY, Alberta, March 16, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) announces its record setting financial and operating results for the three and twelve months ended December 31, 2021, and the results of its independent oil and gas reserves evaluation effective December 31, 2021 (the “Reserve Report”) prepared by Sproule Associates Limited (“Sproule”). InPlay’s audited annual financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the year ended December 31, 2021 will be available at “www.sedar.com” and our website at “www.inplayoil.com”.

2021 Highlights:

  • Completed the acquisition
  • … Continue Reading

    InPlay Oil Corp. Named to 2022 OTCQX Best 50

    January 24, 2022 via Globenewswire Tagged With: TSX:IPO

    CALGARY, Alberta, Jan. 24, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year.

    The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2022 OTCQX Best 50 were … Continue Reading

    InPlay Oil Corp. Announces 2022 Capital Budget Highlighting Record Financial and Operational Guidance

    January 12, 2022 via Globenewswire Tagged With: TSX:IPO

    CALGARY, Alberta , Jan. 12, 2022 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that its Board of Directors has approved a $58 million capital program for 2022 which is forecasted to deliver 2022 average production of 8,900 – 9,400 boe/d(1) (62% – 63% light oil and liquids).

    InPlay enters 2022 in the strongest position in the Company’s history following a highly successful 2021, which saw the Company achieve record levels of annual production, adjusted funds flow (“AFF”) and free adjusted funds flow (“FAFF”)(2) while also exiting the year at … Continue Reading

    InPlay Oil Corp. And Prairie Storm Resources Corp. Announce Completion of Strategic Cardium Combination

    November 30, 2021 via Globenewswire Tagged With: TSX:IPO

    NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES.

    FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

    CALGARY, Alberta, Nov. 30, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company“) and Prairie Storm Resources Corp. (TSXV: PSEC) (“Prairie Storm“) are pleased to announce that they have closed on today’s date (the “Effective Date“) the previously announced plan of arrangement under section 193 of the Business Corporations Act (Alberta) (the “Acquisition“). Pursuant to the Acquisition, InPlay acquired all of the issued and outstanding common shares of Prairie Storm … Continue Reading

    InPlay and Prairie Storm Announce Court and Shareholder Approval of Arrangement, Prairie Storm Q3 2021 Disclosure Filings

    November 30, 2021 via Globenewswire Tagged With: TSX:IPO

    CALGARY, Alberta, Nov. 29, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (“InPlay“) (TSX:IPO) and Prairie Storm Resources Corp. (TSXV: PSEC) (“Prairie Storm” or the “Corporation“) are pleased to announce that the Court of Queen’s Bench of Alberta (the “Court“) has granted a final order approving the previously announced plan of arrangement (the “Arrangement“) involving, among others, Prairie Storm, InPlay and the holders (the “Shareholders“) of common shares of Prairie Storm (“Prairie Storm Shares“). Pursuant to the Arrangement, InPlay will acquire all of the issued and outstanding Prairie Storm Shares in exchange for 0.0524 of a common share of InPlay and … Continue Reading

    InPlay Oil Corp. Announces Third Quarter 2021 Financial and Operating Results Highlighted by Record Quarterly Production and Financial Results

    November 10, 2021 via Globenewswire Tagged With: TSX:IPO

    CALGARY, Alberta, Nov. 10, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. InPlay’s condensed unaudited interim financial statements and notes, as well as Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2021 will be available at “www.sedar.com” and our website at “www.inplayoil.com”.  

    We are very pleased to present our third quarter financial and operating results in which the efficient execution of our operational and capital program, coupled with … Continue Reading

    InPlay Oil Corp. Announces Completion of $11.5 Million Bought Deal Financing

    October 20, 2021 via Globenewswire Tagged With: TSX:IPO

    NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.

    CALGARY, Alberta , Oct. 20, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company“) is pleased to announce it has closed its previously announced bought deal public offering of 9,591,000 subscription receipts (the “Subscription Receipts“) at a price of $1.20 per Subscription Receipt for aggregate gross proceeds of approximately $11.5 million (the “Offering“). The Offering was co-led by Eight Capital and ATB Capital Markets Inc. (together, the “Co-Lead Underwriters“) on … Continue Reading

    InPlay Oil Corp. Announces Accretive Strategic Cardium Acquisition, $10 Million Equity Financing and Increased Senior Credit Facility

    September 28, 2021 via Globenewswire Tagged With: TSX:IPO

    NOT FOR DISTRIBUTION OR DISSEMINATION IN THE UNITED STATES

    FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW

    CALGARY, Alberta, Sept. 28, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement“) to acquire Prairie Storm Resources Corp. (“Prairie Storm“) (TSXV: PSEC), a light-oil Cardium focused producer with operations primarily in the Willesden Green area of central Alberta (the “Prairie Storm Assets“) for total net consideration of approximately $40.5 million(1) (the “Acquisition“).

    The highly accretive … Continue Reading

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