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InPlay Oil to acquire private oil producer for $54M
PRIVATEAug 05, 2026•4 days ago
Acquiring Company
InPlay Oil
Acquired Company
Private Oil and Gas Producer
CalgaryEnergyOil And GasEnergyOil And Gas
Description
InPlay Oil Corp. has announced a definitive agreement to acquire a private oil and gas producer for $54.25 million. This acquisition aims to enhance InPlay's production from 20,100 boe/d, significantly increasing its light oil output. The acquired assets are expected to generate strong cash flows and synergies with InPlay's existing operations. The transaction supports InPlay's long-term strategy for sustainable growth.
Company Information
Company
InPlay Oil
Location
Calgary, Alberta, Canada
About
InPlay Oil Corp. is a Canadian oil and gas exploration and production company focused on developing light oil resources. The company has a proven track record of successful acquisitions and increasing production. InPlay aims to build a sustainable growth company centered on light oil. It is listed on multiple exchanges including the TSX and OTCQX.