January 17, 2017 / 11:35 PM / in 9 months

BRIEF-InPlay Oil announces 2017 capital budget of $28 million

Jan 17 (Reuters) - InPlay Oil Corp :

* InPlay Oil Corp announces 2017 capital budget of $28 million with production growth of over 20%

* InPlay Oil Corp says is forecasting an annual average production rate of 4,000 to 4,200 boed with exit production of 4,300 - 4,500 boed

* Anticipates about 3 additional wells to be drilled, completed and brought on production prior to end of Q1 or early into Q2

* 3 well pad which started drilling in 2016, finished drilling in early 2017 is expected to have completion operations done by end of Jan Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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