Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us
Request a Membership
Close Tab
Login
Forgot Password?
Close Tab
Menu Back to Homepage
Phone icon +44 (0)7590 442 868
info@keyfactsenergy.com

nternational Petroleum

Contacts

International Petroleum Corp.
Suite 2000, 885 West Georgia Street
Vancouver, BC
V6C 3E8, Canada

Tel: +1 604 689 7842

Operations Office
International Petroleum SA
5 chemin de la Pallanterie
1222 Vésenaz
Switzerland

Tel: +41 22 595 10 50

Description

International Petroleum Corporation (IPC) is an internationally focused upstream oil and gas company with a portfolio of exploration and production assets in Canada, Malaysia and France.

IPC has existing proved and probable reserves of 300 million barrels of oil equivalent at 31 December 2019 (MMboe) and a forecast net production for 2020 of 46,000 to 50,000 barrels of oil equivalent per day (boepd).

Production and reserves

During the fourth quarter of 2019, average daily net production was 47,200 boepd, a four percent increase from Q3 2019. Full year 2019 average production was 45,800 boepd, in line with Q3 2019 guidance. Record high net production levels above 49,000 boepd were achieved in early December 2019.

As at end December 2019, IPC’s 2P reserves are 300 MMboe compared to 288 MMboe as at December 31, 2018. This includes a reserves replacement ratio in 2019 of 89 percent, excluding the assets to be acquired in the Granite transaction, and 173 percent including the Granite assets. In addition, IPC has increased its best estimate contingent resources (unrisked) as at end December 2019 to 1,089 MMboe, compared to 849 MMboe as at end December 2018.

Website

Category Filters

Sector Filters

Region Filters

Africa
Asia / Far East
Australasia
Central America
East Europe
Mediterranean
Middle East
North Africa
North America
Russia / FSU
South America
West Europe

None

Advisory Services

Charitable organizations

Communication

Consultancy Services

Cost Estimating

Data Management

Decommissioning

Design

Drilling

Engineering

Environmental Services

Events

Exploration and Production

Farm-in Opportunities

G&G Services

Geothermal Energy

Global Industry Support

Health & Safety, Environment

Independent Consultant

Industry Commentary

Information Providers

Insurance

Intelligence

KeyFacts Energy Contributors

Legal

Media PR

Ministry of Energy

Offshore Services

Organizations

Products & Services

Project Marketing

Publications

Recruitment/ Executive Search

Renewable Energy Companies

Renewable Energy Organizations

Seismic Services

Service Company Support

Software Development

State Oil Companies

Subsea

Technical Services

Technology

Training

Universities