TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) — International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and analysis (MD&A) for the three and nine months ended September 30, 2025. IPC also announces that the Blackrod Phase 1 development is progressing ahead of schedule with first steam now expected by year end 2025 and first oil by Q3 2026, a quarter earlier than originally guided.

William Lundin, IPC’s President and Chief Executive Officer, comments: “We are pleased to report another strong quarter for IPC. We produced an average of 45,900 barrels of oil equivalent per day (boepd) during the third quarter, which was above the guidance range for the period. Strong operati

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