International Petroleum Corp. and BlackPearl Resources Inc. announced the closing of the strategic business combination of IPC and BlackPearl by way of the previously announced plan of arrangement. In connection with closing of the Arrangement, IPC announced the appointment of John Festival to the IPC Board of Directors, which is now comprised of eight members. In addition, Chris Hogue, former Vice President Operations of BlackPearl, has been appointed Senior Vice President, Canada of IPC. Ed Sobel, former Vice President Exploration of BlackPearl, has been appointed Vice President, Exploration of IPC.