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InPlay Oil Corp. Announces Completion of Strategic Non-Core Asset Disposition

CALGARY, Alberta, Oct. 02, 2018 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company“) is pleased to announce that it has successfully closed its previously announced strategic disposition of certain non-core oil and gas properties in the west Pembina area of Alberta for cash consideration of $16.7 million, before closing adjustments (the “Disposition“).  The details of the Disposition and the corresponding acceleration of InPlay’s 2018 Cardium development program and increased guidance was contained in the Company’s news release issued on September 13, 2018.

Please refer to our website for the Company’s updated presentation at www.inplayoil.com.

For further information please contact:

Doug Bartole
President and Chief Executive Officer
InPlay Oil Corp.
Telephone: (587) 955-0632
Darren Dittmer
Chief Financial Officer
InPlay Oil Corp.
Telephone: (587) 955-0634
Scott Koyich
Investor Relations
InPlay Oil Corp.
Telephone: (403) 619-2200
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