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Manila Times Business

International Petroleum Corporation Corporate Update: Blackrod Phase 1 First Oil Achieved

TORONTO, June 15, 2026 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC) (TSX, Nasdaq Stockholm: IPCO) is pleased to announce first oil has been achieved at Phase 1 of the Blackrod project, ahead of schedule and on budget. The Blackrod Phase 1 development project began production on May 31, 2026 as the initial well pairs commenced conversion from steam circulation to production. As the remaining well pairs undergoing steam circulation reach the necessary conformance conditions, they

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Source: manilatimes.net

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