The Blackrod Project is nearing completion. International Petroleum benefits from Lundin Group backing. Industry-wide thermal oil production growth risks oversupply and price pressure.
International Petroleum Corporation (OTCPK:IPCFF) Q2 2025 Earnings Conference Call August 5, 2025 3:00 AM ET Company Participants Christophe Nerguararian - Chief Financial Officer Rebecca Gordon - Senior Vice President of Corporate Planning & Investor Relations William A. W. Lundin - CEO, President & Director Conference Call Participants Mark Wilson - Jefferies LLC, Research Division Teodor Sveen-Nilsen - Sparebank 1 Markets AS, Research Division William A.
International Petroleum's Blackrod project will add 30,000 BOED by 2028. Net debt is rising above a 1.0 ratio as capital spending and share buybacks outpace free cash flow. Potential U.S. tariffs and trade tensions pose a risk to pricing.
International Petroleum Corporation (OTCPK:IPCFF) Q1 2025 Earnings Conference Call May 6, 2025 3:00 AM ET Company Participants William Lundin - Chief Executive Officer Christophe Nerguararian - Chief Financial Officer Rebecca Gordon - Investor Relations Conference Call Participants Teodor Nilsen - SB1 Markets William Lundin So, welcome everybody to IPC's 2025 First Quarter Results Update Presentation. I'm William Lundin, the CEO; and joined today by Christophe Nerguararian, our CFO; as well as Rebecca Gordon, our SVP of Corporate Planning and Investor Relations.
International Petroleum Corporation (OTCPK:IPCFF) Q4 2024 Earnings Call Transcript February 11, 2025 4:00 AM ET Company Participants William Lundin - Chief Executive Officer Christophe Nerguararian - Chief Financial Officer Rebecca Gordon - Investor Relations William Lundin Okay, so welcome everyone to the IPC 2024 Year End Update Presentation. My name is William Lundin, I'm the CEO, and along with me is Christophe Nerguararian, the CFO, as well as Rebecca Gordon, our SVP of IR and Corporate Planning.
International Petroleum's major capital project is on schedule. The Lundin organization's involvement provides additional resources and talent. Heavy oil production carries risks due to potential discounts during weak commodity pricing.
International Petroleum Corporation (OTCPK:IPCFF) Q3 2024 Earnings Call November 5, 2024 3:00 AM ET Company Participants Rebecca Gordon - Investor Relations William Lundin - Chief Executive Officer Christophe Nerguararian - Chief Financial Officer Conference Call Participants Teodor Nilsen - SB1 Markets Tom Erik Kristiansen - Pareto Mark Wilson - Jefferies William Lundin Okay. So welcome, everybody, to IPC's Third Quarter Results Update Presentation.
International Petroleum is nearing completion of the Blackrod project. The company has been actively repurchasing shares. Despite the potential for high cash flow, the company faces risks due to product discounts from WTI and rising debt levels, making it less suitable for conservative investors.
International Petroleum is a Canadian company reporting in USD, part of the Lundin Group, which has an excellent investor reputation. The Company is expanding thermal production through the Blackrod Project, which could peak in production in 2028 at 30,000 BOED (mostly thermal oil). The Blackrod Project, after about a decade, is nearing completion with first oil expected in 2026 second half.
International Petroleum Corporation (OTCPK:IPCFF) Q2 2024 Earnings Call Transcript July 30, 2024 3:00 AM ET Company Participants William Lundin - CEO Christophe Nerguararian - CFO Rebecca Gordon - IR Conference Call Participants Teodor Nilsen - SB1 Markets Mark Wilson - Jefferies Tom Erik Kristiansen - Pareto Operator Welcome, everybody, to IPC's Second Quarter Results Update Presentation. I'm William Lundin, the CEO.