Brief: InPlay Oil announces 2017 capital budget of $28 million

InPlay Oil

17/01/2017 23:24

Jan 17 (Reuters) - InPlay Oil Corp  IPO.TO : 
    * InPlay Oil Corp announces 2017 capital budget of $28 
million with production growth of over 20% 
    * InPlay Oil Corp says is forecasting an annual average 
production rate of 4,000 to 4,200 boed with exit production of 
4,300 - 4,500 boed 
    * Anticipates about 3 additional wells to be drilled, 
completed and brought on production prior to end of Q1 or early 
into Q2 
    * 3 well pad which started drilling in 2016, finished 
drilling in early 2017 is expected to have completion operations 
done by end of Jan 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nMKWgyFpRa 
Further company coverage:  IPO.TO  
 
 (Bengaluru Newsroom: +91 806 749 1136)