International Petroleum Corp. is pleased to announce that IPC repurchased a total of 421,000 IPC common shares during the period of January 17 to 21, 2022 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation No 596/2014 and Commission Delegated Regulation No 2016/1052 and the [...]
International Petroleum Corp. announces that it has successfully completed a private placement of USD 300 million of senior unsecured bonds. The bonds will have a tenor of five years and will have a fixed coupon rate of 7.25 percent per annum, with interest payable in semi-annual instalments. The bond issue is expected to be rated B+ by S&P Global Ratings and B1 by Moody's. Settlement of the bonds is expected to occur on [...]
International Petroleum Corp. is pleased to announce that IPC repurchased a total of 167,454 IPC common shares during the period of January 3 to 14, 2022 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation No 596/2014 and Commission Delegated Regulation No 2016/1052 and the [...]
International Petroleum Corp. announces that it is planning to arrange fixed income investor meetings in connection with a potential issuance of rated senior unsecured bonds in the Nordic bond market. The contemplated bond issue is expected to be rated B+ by S&P Global Ratings and B1 by Moody's. IPC has mandated Arctic Securities and Pareto Securities as Joint Lead Managers and Bookrunners, and SpareBank 1 Markets as [...]
International Petroleum Corp. is pleased to announce that international credit rating agencies Moody's and S&P Global Ratings have assigned corporate credit ratings to IPC. Moody's has assigned a credit rating of B1 with stable outlook and S&P Global Ratings has assigned a credit rating of B with Stable Outlook. International Petroleum Corp. is an international oil and gas exploration and production company with a high [...]
International Petroleum Corp. is pleased to announce that IPC repurchased a total of 451,810 IPC common shares during the period of December 20 to 30, 2021 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation No 596/2014 and Commission Delegated Regulation No 2016/1052 and the [...]
International Petroleum Corp. is pleased to announce that IPC repurchased a total of 625,383 IPC common shares during the period of December 10 to 17, 2021 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation No 596/2014 and Commission Delegated Regulation No 2016/1052 and the [...]
International Petroleum Corp. is pleased to announce that IPC repurchased a total of 253,210 IPC common shares during the period of December 3 to 9, 2021 under the previously announced share repurchase program. The share repurchase program, announced by IPC on December 1, 2021, is being implemented in accordance with the Market Abuse Regulation No 596/2014 and Commission Delegated Regulation No 2016/1052 and the [...]
International Petroleum Corp. is pleased to announce that the Toronto Stock Exchange has approved IPC's notice of intention to make a normal course issuer bid. Pursuant to the share repurchase program, IPC is authorized to repurchase through the facilities of the TSX, Nasdaq Stockholm and/or alternative Canadian trading systems, as and when considered advisable by IPC, up to 11,097,074 common shares, representing [...]
International Petroleum Corp. today released its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 2021. In addition, IPC is pleased to announce that it has sought approval from the Toronto Stock Exchange to commence a normal course issuer bid to repurchase its own common shares through the facilities of the TSX and Nasdaq Stockholm. Q3 2021 [...]
International Petroleum Corp. will publish its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 2021, on Tuesday, November 2, 2021 at 07:30 CEST, followed by a webcast at 09:00 CEST. Watch Mike Nicholson, CEO, and Christophe Nerguararian, CFO, commenting on the third quarter 2021 financial and operating results and the latest developments [...]
International Petroleum Corp. today released its financial and operating results and related management's discussion and analysis for the three and six months ended June 30, 2021. IPC also released its Sustainability Report 2020, which details the Corporation's environmental, social and governance performance. Q2 2021 Business and Financial Highlights Average net production of approximately 44,600 barrels of oil [...]