Business
InPlay Oil Corp. Announces 2026 Capital Budget
InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces that its Board of Directors have approved a capital program of $66 – $74 million for 2026.
About this update from Inplay Oil Corp
[{"type":"text","content":"CALGARY AB, Feb. 24, 2026 /CNW/ - InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces that its Board of Directors have approved a capital program of $66 – $74 million for 2026.","length":230,"tagName":"p"},{"type":"image","alt":"InPlay Oil logo (CNW Group/InPlay Oil Corp.)","displaySize":"","headline":null,"caption":"InPlay Oil logo (CNW Group/InPlay Oil Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":1280,"height":720,"url":"https://mma.prnewswire.com/media/2918830/InPlay_Oil_Corp__InPlay_Oil_Corp__Announces_2026_Capital_Budget.jpg"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/t5D24HZu_rLfZMUvxRa88w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTU0MDtjZj13ZWJw/https://mma.prnewswire.com/media/2918830/InPlay_Oil_Corp__InPlay_Oil_Corp__Announces_2026_Capital_Budget.jpg","width":960,"height":540},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/cFzTrdQdnHuh8XaPwnl1gQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTI0MDA7aD0xMzUwO2NmPXdlYnA-/https://mma.prnewswire.com/media/2918830/InPlay_Oil_Corp__InPlay_Oil_Corp__Announces_2026_Capital_Budget.jpg","width":1200,"height":675}},"href":"https://mma.prnewswire.com/media/2918830/InPlay_Oil_Corp__InPlay_Oil_Corp__Announces_2026_Capital_Budget.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"InPlay had a stellar 2025 with an accretive and transformational acquisition in our core area and a very successful drilling program. Throughout 2025, InPlay delivered improved capital efficiencies through the successful application of enhanced drilling and completion techniques, driving production results that exceeded internally modelled type curves while achieving well costs below budget. InPlay's improved capital efficiencies allowed the Company to increase its production guidance three times during 2025 with reduced capital spending.","length":548,"tagName":"p"},{"type":"text","content":"InPlay's 2026 capital budget reflects a disciplined and capital efficient program focused on strong production growth, maximizing Free Adjusted Funds Flow ("FAFF")(2) and debt reduction. The Company plans to drill 12 – 14 net horizontal Cardium wells during 2026, with the majority of capital directed toward its Cardium-focused light oil assets in Pembina. InPlay's 2026 capital budget reflects the imp...