IPC closes BlackPearl Resources acquisition

International Petroleum Corp. (IPC), Vancouver, BC, has closed its $675-million (Can.) acquisition of BlackPearl Resources Inc., Calgary. BlackPearl Pres. and Chief Executive Officer John Festival becomes an IPC director.

OGJ editors

Dec. 14, 2018

International Petroleum Corp. (IPC), Vancouver, BC, has closed its $675-million (Can.) acquisition of BlackPearl Resources Inc., Calgary (OGJ Online, Oct. 10, 2018).

BlackPearl Pres. and Chief Executive Officer John Festival becomes an IPC director.

Chris Hogue, BlackPearl vice-president operations, becomes IPC senior vice-president, Canada. Ed Sobel, BlackPearl vice-president exploration, becomes IPC vice-president, exploration.