InPlay Oil Corp. revised production guidance for the full year 2022 and provided production guidance for the full year 2023. For the full year 2022, annual average production for 2022 is forecasted to be approximately 9,150 boe/d (56% – 57% light oil & NGLs) which is at the lower end of prior production guidance.

For the full year 2023, Annual average production of 9,500 – 10,500 boe/d (58% – 61% light oil & NGLs), focused on drilling higher oil weighted plays, delivering; Increase in total light oil production of 14% – 24% over 2022; Production growth per debt adjusted weighted average basic share(2) of 16% – 36% over 2022 which is expected to be top-tier debt adjusted per share growth amongst InPlay's light oil weighted peers; Total annual light oil and NGLs production weighting of 58% – 61%, an increase of approximately 5% over 2022.