International Petroleum Corporation (TSE:IPCO) has released an update.
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International Petroleum Corporation (IPC) reported a strong operational performance in Q3 2024, with an average net production of 45,000 barrels of oil equivalent per day. The company continues to buy back shares under its normal course issuer bid and has made significant progress on the Blackrod project in Canada. Additionally, IPC maintained its financial guidance for 2024, despite a negative free cash flow due to project investments.
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