Edition:
India

International Petroleum Corp (IPCOR.ST)

IPCOR.ST on Stockholm Stock Exchange

19.35SEK
3:58pm IST
Change (% chg)

1.43kr (+7.98%)
Prev Close
17.92kr
Open
18.09kr
Day's High
19.35kr
Day's Low
18.09kr
Volume
1,130,267
Avg. Vol
1,183,912
52-wk High
43.60kr
52-wk Low
11.13kr

Latest Key Developments (Source: Significant Developments)

International Petroleum reduces total 2020 expenditure forecast by between $125 mln-$190 mln
Thursday, 2 Apr 2020 

April 2 (Reuters) - International Petroleum Corp ::ORATION ANNOUNCES REVISED 2020 EXPENDITURE PLANS.SAYS ITS PLANS TO REDUCE TOTAL FORECAST 2020 EXPENDITURE BY BETWEEN USD 125 AND 190 MILLION.ALL REMAINING DISCRETIONARY 2020 EXPENDITURES HAVE BEEN DEFERRED OR CANCELLED.CURRENTLY EXPECT OUR 2020 NET AVERAGE PRODUCTION TO BE IN RANGE OF 30,000 TO 45,000 BOE PER DAY.OPERATING COSTS FOR 2020 ARE EXPECTED TO BE IN RANGE OF USD 12 TO 13 PER BOE.INTERNATIONAL PETROLEUM - EXPECT TO BE ABLE TO FULLY FUND REVISED 2020 EXPENDITURE PROGRAM FROM CASH FLOWS AND CURRENT BORROWING CAPACITY.INTERNATIONAL PETROLEUM -RETAIN ACCESS TO SIGNIFICANT FINANCIAL HEADROOM, WITH UNDRAWN AMOUNTS UNDER EXISTING CREDIT FACILITIES AT ABOUT $90 MILLION.  Full Article

International Petroleum 2020 Production Guidance Of Between 46,000-50,000 Boepd
Tuesday, 11 Feb 2020 

Feb 11 (Reuters) - International Petroleum Corp ::SEES 2020 CAPEX BUDGET OF $149 MILLION AND ITS 2020 PRODUCTION GUIDANCE OF BETWEEN 46,000 AND 50,000 BOEPD.AVERAGE NET PRODUCTION OF APPROXIMATELY 47,200 BOEPD FOR Q4 OF 2019.Q4 REVENUE $145.5 MILLION VERSUS $111.9 MILLION.Q4 GROSS PROFIT $43.2 MILLION VERSUS $26.3 MILLION.FORECAST OPERATING COSTS FOR 2020 TO BE USD 13.7 PER BOE.  Full Article

International Petroleum Gives Updated Share Capital
Monday, 30 Dec 2019 

Dec 30 (Reuters) - International Petroleum Corp ::INTERNATIONAL PETROLEUM- AFTER CANCELLATION OF 3.9 MILLION SHARES REPURCHASED AS ANNOUNCED ON NOV 7, NO. OF CO'S ISSUED, OUTSTANDING SHARES IS 159.79 MILLION.IPC DOES NOT HOLD ANY COMMON SHARES IN TREASURY..  Full Article

International Petroleum Reports Q1 Average Net Production Of 44,400 Boepd
Wednesday, 8 May 2019 

May 8 (Reuters) - International Petroleum Corp ::ORATION FIRST QUARTER 2019 FINANCIAL RESULTS.SAYS AVERAGE NET PRODUCTION OF 44,400 BARRELS OF OIL EQUIVALENT (BOE) PER DAY (BOEPD) FOR Q1 2019..SAYS NET DEBT REDUCED FROM USD 309 MILLION AS AT MARCH 31, 2018 TO USD 257 MILLION AS AT MARCH 31, 2019.QTRLY REVENUE $147.4 MILLION VERSUS $115.2 MILLION.QTRLY GROSS PROFIT $46.9 MILLION VERSUS $37.6 MILLION.PRODUCTION GUIDANCE FOR FULL YEAR IS RETAINED AT 46,000 TO 50,000 BOEPD.  Full Article

International Petroleum posts qtrly revenue of $106.75 million
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - International Petroleum Corp ::INTERNATIONAL PETROLEUM CORPORATION 2018 THIRD QUARTER FINANCIAL RESULTS.INTERNATIONAL PETROLEUM-AVERAGE NET PRODUCTION OF 35,200 BARRELS OF OIL EQUIVALENT (BOE) PER DAY (BOEPD) FOR Q3 OF 2018 AT HIGH END OF GUIDANCE RANGE.INTERNATIONAL PETROLEUM CORP SAYS FULL YEAR 2018 AVERAGE PRODUCTION EXPECTED TO BE AT OR ABOVE HIGH END OF GUIDANCE RANGE OF 32,500 TO 34,000 BOEPD.INTERNATIONAL PETROLEUM CORP SAYS FULL YEAR 2018 CAPITAL EXPENDITURE GUIDANCE MAINTAINED AT USD 44.0 MILLION..INTERNATIONAL PETROLEUM CORP SAYS FULL YEAR 2018 GUIDANCE OF OPERATING COSTS PER BOE OF USD 12.6 IS MAINTAINED..INTERNATIONAL PETROLEUM CORP- QTRLY REVENUE $106.75 MILLION VERSUS $47.93 MILLION.  Full Article