International Petroleum Corporation achieves first oil at Blackrod Phase 1 ahead of schedule

Summary

International Petroleum Corporation (IPC) has achieved first oil at Phase 1 of the Blackrod project, starting production on May 31, 2026. The project is expected to reach a plateau production rate of 30,000 barrels of oil per day (bopd) by late 2027. The project has 2P reserves of 311 million barrels of oil equivalent and is pipeline-connected for gas and crude output.

Recent Coverage

• IPC produces first oil at Blackrod SAGD Phase 1

  Oil & Gas Journal - Drilling & Production • Jun 16

• IPC achieves first oil at Blackrod Phase 1 ahead of schedule

  Drilling Contractor • Jun 16

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

  GlobeNewswire - Energy • Jun 15

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

  GlobeNewswire - Energy • Jun 15

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

  BOE Report • Jun 15