Overview

* InPlay Oil ( IPOOF ) Q3 production averaged 18,970 boe/d

* Adjusted funds flow increased 104% from Q3 2024, despite a 14% decline in WTI prices

* Company reduces 2025 capital spending to lower end of guidance, C$53 mln

Outlook

* InPlay Oil ( IPOOF ) raises 2025 production guidance to 16,900-17,100 boe/d

* Company expects strong free adjusted funds flow in Q4 2025

* InPlay Oil ( IPOOF ) sees potential price recovery in 2026 due to low U.S. inventories

Result Drivers

* ACQUISITION IMPACT - Acquisition of Cardium-focused light oil assets in Pembina boosted production and performance

* DRILLING EFFICIENCY - Efficient drilling techniques led to strong well performance and 20% capital cost reductions

* PRODUCTION GUIDANCE INCREASE - Outperformance of base production and drilling program led to increased 2025 production guidance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 C$79,300

Revenue

Q3 C$34.67

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the oil & gas exploration and production peer group is "buy"

* Wall Street's median 12-month price target for InPlay Oil Corp ( IPOOF ) is C$14.50, about 9.7% above its November 11 closing price of C$13.10

* The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)