International Petroleum Corporation

12:34 PM EST - International Petroleum Corporation : Released its financial and operating results and related management’s discussion and analysis (MD&A) for the year ended December 31, 2019. Average net production of approximately 47,200 boepd for the fourth quarter of 2019. Full-year 2019 average net production of approximately 45,800 boepd, in line with Q3 2019 guidance. Capital expenditure for full year 2019 were $181 million U.S., $4 million U.S. below Q3 2019 guidance with $3 million U.S. phased into 2020. International Petroleum Corporation shares T.IPCO are trading down $0.05 at $5.02.