International Petroleum Corporation Corporate Update: Blackrod Phase 1 First Oil Achieved (opens original article in a new tab)

International Petroleum Corporation achieved first oil at Blackrod Phase 1 ahead of schedule and on budget, with production expected to reach 30,000 barrels per day by late 2027, a quarter earlier than planned.

• International Petroleum Corporation achieved first oil at Blackrod Phase 1 ahead of schedule and on budget.
• Blackrod Phase 1 is expected to reach 30,000 barrels of oil per day by late 2027, a quarter earlier than previously planned.
• The project has 2P reserves of 311 million barrels of oil equivalent and 1.1 billion boe of contingent resources.