10:32 AM EST - International Petroleum Corporation. : Announced its plans to reduce total forecast 2020 expenditure by between $125 and $190 million U.S. IPC’s revised total estimated 2020 capital and decommissioning expenditures account for approximately $85 million U.S. of the total forecast reduction. IPC’s total forecast 2020 operating costs are revised downwards by between $40 and $105 million U.S., depending on production levels and commodity prices. International Petroleum Corporation.
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