InPlay Oil Corp. (TSE:IPO) has released an update.
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InPlay Oil Corp. reported strong second quarter 2024 results with a 2% increase in production and a significant 22% rise in Adjusted Funds Flow compared to the first quarter, alongside a 15% reduction in net debt. The company also continued its shareholder return strategy, distributing $4.1 million in dividends, reflecting an annual yield of 8.2% based on the quarter-end market capitalization.
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