TSX:IPCOOil and Gas
International Petroleum (TSX:IPCO) Is Down 7.2% After Early Blackrod First Oil Milestone - Has The Bull Case Changed?
International Petroleum Corporation has reported that Phase 1 of its Blackrod project reached first oil in May 2026, ahead of schedule and essentially on budget at about US$855 million, with a Central Processing Facility tied into regional pipelines and forecast plateau production of 30,000 barrels per day.
An interesting aspect is IPC’s 100% working interest in Blackrod, which gives it full control over a large 2P reserve base and more than 1.10 billions barrels of contingent resources, and...

