InPlay Oil Corp. announced that its board of directors has approved a $36 million Exploration and Development capital program for 2019. A year of exceptional operational results in 2018, drilling pacesetter horizontal Cardium wells at Willesden Green, positions to continue with a focused 2019 capital program. With the potential for continued commodity price volatility, the company plan to deliver a prudent and flexible 2019 capital program that is forecast to achieve between ten and 14% exit oil and liquids per share growth over 2018. The excellent production results seen from new wells in addition to anticipated reductions in operating and general and administrative costs, on a per boe basis, position well to continue to deliver higher cash flow provided by operating activities and higher operating income profit margins compared to 2018. In 2018 InPlay drilled 16 (11.2 net) horizontal wells in the Willesden Green area including 12 (8.6 net) extended reach horizontal wells ("ERH") and 4 (2.6 net) one-mile horizontal wells. In the Duvernay, the Company completed its first horizontal well and drilled one vertical stratigraphic test well. The result is estimated annual average production of approximately 4,650 boe/d (70% oil and liquids) which achieves production growth of approximately 17% over 2017 (22% for oil and liquids), exceeding its recently increased annual production guidance of 4,600 boe/d following the two previous increases to production guidance in the second half of 2018. This production growth was achieved through organic drill bit success inclusive of selling non-core assets producing approximately 250 boe/d in October and with the deferral of completions on two ERH wells drilled in the fourth quarter of 2018.