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Re: Bobwins post# 17314

Wednesday, 12/27/2017 11:02:27 AM

Wednesday, December 27, 2017 11:02:27 AM

Post# of 17737
IPO.v/IPOOF +.14 to C$1.90

low volume pop on my Canadian favorite oil junior. Inplay Oil has decent positions in two new oil plays in Canada.

The Cardium is an old favorite but recently(last 2 years) oil was found accidentally in a lower zone called the bioturbated zone. New fracking techniques have unlocked this tight formation and several companies have successfully drilled well with less than a 1 year payback(nirvana for drillers). Yangarra is the poster child for this play. Check out the chart. Inplay has dozens of drill sites in this zone and has proven their wells are similar to Yangarra wells in production( haven't had enough time to prove 1 year paybacks but it looks good so far).

Second play is the East Duvernay. InPlay has been buying land very close to other players with productive wells. Land costs are soaring but InPlay has 34 sections of land here. Their first well has been drilled but won't be completed until spring. If successful, this will open up hundred of drill sites for InPlay.

They have the land, they've drilled initial wells. Need production proof that they can deliver similar results to successful neighbors, which should come in 2018. Then InPlay should double/triple in value.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

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