QualityStocksNewsBreaks – InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) Welcomes Delek Group as Strategic Shareholder in Block Sale from Obsidian Energy
InPlay Oil (TSX: IPO) (OTCQX: IPOOF) announced that Obsidian Energy Ltd. has entered a definitive agreement to sell its 9.1 million common shares in InPlay to Delek Group Ltd. The transaction, expected to close in the first half of August 2025, positions Delek as a strategic shareholder with rights to nominate two directors to InPlay’s board. InPlay CEO Doug Bartole highlighted Delek’s strong industry record, including major roles in Ithaca Energy and the Mediterranean’s largest natural gas field. The agreement includes registration and investor rights granting Delek participation and pre-emptive rights in future equity offerings. To view the full announcement,…
