{"success":true,"data":{"pressRelease":{"id":"153729","rtpr_id":"nGNE1HKYhN-20260928","ticker":"IPCO","exchange":"TSX","all_tickers":["IPCO"],"title":"REG-International Petroleum Corporation Announces Results of  Normal Course Issuer Bid","author":"Globe Newswire","published_at":"2026-09-28T09:00:00.295Z","article_body":"International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq\nStockholm: IPCO) is pleased to announce that IPC repurchased a total of\n148,500 IPC common shares (ISIN: CA46016U1084) during the period of September\n21 to 25, 2026 under IPC’s previously announced normal course issuer bid /\nshare repurchase program (NCIB).\n\nIPC’s NCIB, announced on December 3, 2025, is being implemented in\naccordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and\nCommission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation)\nand the applicable rules and policies of the Toronto Stock Exchange (TSX) and\nNasdaq Stockholm and applicable Canadian and Swedish securities laws.\n\nDuring the period of September 21 to 25, 2026, IPC repurchased a total of\n100,000 IPC common shares on Nasdaq Stockholm. All of these share repurchases\nwere carried out by Pareto Securities AB on behalf of IPC.\n\nA summary and detailed breakdown of the transactions conducted on Nasdaq\nStockholm during the period of September 21 to 25, 2026 according to article\n5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available with\nthis press release on IPC’s website:\nwww.international-petroleum.com/news-and-media/press-releases.\n\nDuring the same period, IPC purchased a total of 48,500 IPC common shares on\nthe TSX. All of these share repurchases were carried out by ATB Securities\nInc. on behalf of IPC.\n\nAll common shares repurchased by IPC under the NCIB will be cancelled. As at\nSeptember 25, 2026, the total number of issued and outstanding IPC common\nshares is 112,159,304 with voting rights, of which IPC holds 431,638 common\nshares in treasury.\n\nA total of 1,099,086 IPC common shares have been repurchased under the NCIB\nthrough the facilities of the TSX and Nasdaq Stockholm up to September 25,\n2026. A maximum of 6,468,077 IPC common shares may be repurchased up to\nDecember 4, 2026, or until such earlier date as the NCIB is completed or\nterminated by IPC.\n\nInternational Petroleum Corp. (IPC) is an international oil and gas\nexploration and production company with a high quality portfolio of assets\nlocated in Canada, Malaysia and France, providing a solid foundation for\norganic and inorganic growth. IPC is a member of the Lundin Group of\nCompanies. IPC is incorporated in Canada and IPC’s shares are listed on the\nToronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the\nsymbol \"IPCO\".\n\nFor further information, please contact:\n\n Rebecca Gordon SVP Corporate Planning and Investor Relations rebecca.gordon@international-petroleum.com Tel: +41 22 595 10 50  Or  Robert Eriksson Media Manager reriksson@rive6.ch Tel: +46 701 11 26 15  \n\n \n\nThis information was submitted for publication, through the contact persons\nset out above, at 11:00 CEST on September 28, 2026.\n\nForward-Looking Statements \nThis press release contains statements and information which constitute\n\"forward-looking statements\" or \"forward-looking information\" (within the\nmeaning of applicable securities legislation). Such statements and information\n(together, \"forward-looking statements\") relate to future events, including\nthe Corporation's future performance, business prospects or opportunities.\nActual results may differ materially from those expressed or implied by\nforward-looking statements. The forward-looking statements contained in this\npress release are expressly qualified by this cautionary statement.\nForward-looking statements speak only as of the date of this press release,\nunless otherwise indicated. IPC does not intend, and does not assume any\nobligation, to update these forward-looking statements, except as required by\napplicable laws.\n\nAll statements other than statements of historical fact may be forward-looking\nstatements. Any statements that express or involve discussions with respect to\npredictions, expectations, beliefs, plans, projections, forecasts, guidance,\nbudgets, objectives, assumptions or future events or performance (often, but\nnot always, using words or phrases such as \"seek\", \"anticipate\", \"plan\",\n\"continue\", \"estimate\", \"expect\", \"may\", \"will\", \"project\", “forecast”,\n\"predict\", \"potential\", \"targeting\", \"intend\", \"could\", \"might\", \"should\",\n\"believe\", \"budget\" and similar expressions) are not statements of historical\nfact and may be \"forward-looking statements\". Forward-looking statements\ninclude, but are not limited to, statements with respect to: the intention and\nability of IPC to acquire common shares under the NCIB, including the timing\nof any such purchases; the number of common shares to be cancelled and the\ntiming of such cancellations; and the return of value to IPC’s shareholders\nas a result of any common share repurchases.\n\nThe forward-looking statements are based on certain key expectations and\nassumptions made by IPC, including expectations and assumptions concerning:\nthe duration and impact of tariffs that are currently in effect on goods\nexported from or imported into Canada, and that other than the tariffs that\nare currently in effect, neither the U.S. nor Canada (i) increases the rate or\nscope of such tariffs, reenacts tariffs that are currently suspended, or\nimposes new tariffs, on the import of goods from one country to the other,\nincluding on oil and natural gas, and/or (ii) imposes any other form of tax,\nrestriction or prohibition on the import or export of products from one\ncountry to the other, including on oil and natural gas; prevailing commodity\nprices and currency exchange rates; applicable royalty rates and tax laws;\ninterest rates; future well production rates and reserve and contingent\nresource volumes; operating costs; IPC's ability to maintain its existing\ncredit ratings; IPC's ability to achieve its performance targets; the timing\nof receipt of regulatory approvals; the performance of existing wells; the\nsuccess obtained in drilling new wells; anticipated timing and results of\ncapital expenditures; the sufficiency of budgeted capital expenditures in\ncarrying out planned activities; the timing, location and extent of future\ndrilling operations; the successful completion of acquisitions and\ndispositions and that IPC will be able to implement its standards, controls,\nprocedures and policies in respect of any acquisitions and realize the\nexpected synergies on the anticipated timeline or at all; the benefits of\nacquisitions; the state of the economy and the exploration and production\nbusiness in the jurisdictions in which IPC operates and globally; the\navailability and cost of financing, labour and services; IPC's intention to\ncomplete share repurchases under the normal course issuer bid program,\nincluding the funding of such share repurchases, existing and future market\nconditions, including with respect to the price of IPC's common shares, and\ncompliance with respect to applicable limitations under securities laws and\nregulations and stock exchange policies; and the ability to market crude oil,\nnatural gas and natural gas liquids successfully.\n\nAlthough IPC believes that the expectations and assumptions on which such\nforward-looking statements are based are reasonable, undue reliance should not\nbe placed on the forward-looking statements because IPC can give no assurances\nthat they will prove to be correct. Since forward-looking statements address\nfuture events and conditions, by their very nature they involve inherent risks\nand uncertainties. Actual results could differ materially from those currently\nanticipated due to a number of factors and risks.\n\nThese include, but are not limited to: general global economic, market and\nbusiness conditions; the risks associated with the oil and gas industry in\ngeneral such as operational risks in development, exploration and production;\ndelays or changes in plans with respect to exploration or development projects\nor capital expenditures; the uncertainty of estimates and projections relating\nto reserves, resources, production, revenues, costs and expenses; health,\nsafety and environmental risks; commodity price fluctuations; interest rate\nand exchange rate fluctuations; marketing and transportation; loss of markets;\nenvironmental and climate-related risks; competition; innovation and\ncybersecurity risks related to IPC’s systems, including costs of addressing\nor mitigating such risks; the ability to attract, engage and retain skilled\nemployees; incorrect assessment of the value of acquisitions; failure to\ncomplete or realize the anticipated benefits of acquisitions or dispositions;\nthe ability to access sufficient capital from internal and external sources;\nfailure to obtain required regulatory and other approvals; geopolitical\nconflicts, including current and potential future conflicts in Ukraine, the\nMiddle East, South America and elsewhere, and their potential impact on, among\nother things, global market conditions; political or economic developments,\nincluding, without limitation, the risk that (i) the tariffs that are\ncurrently in effect on goods exported from or imported into Canada continue in\neffect for an extended period of time, the tariffs that have been threatened\nare implemented, that tariffs that are currently suspended are reactivated,\nthe rate or scope of tariffs are increased, or new tariffs are imposed,\nincluding on oil and natural gas, (ii) the U.S. and/or Canada imposes any\nother form of tax, restriction or prohibition on the import or export of\nproducts from one country to the other, including on oil and natural gas, and\n(iii) the tariffs imposed or threatened to be imposed by the U.S. on other\ncountries and retaliatory tariffs imposed or threatened to be imposed by other\ncountries on the U.S. will trigger a broader global trade war which could have\na material adverse effect on the Canadian, U.S. and global economies, and by\nextension the Canadian oil and natural gas industry and the Corporation,\nincluding by decreasing demand for, and the price of oil, and natural gas,\ndisrupting supply chains, increasing costs, causing volatility in the global\nfinancial markets, and limiting access to financing; and changes in\nlegislation, including but not limited to tax laws, royalties, environmental\nand abandonment regulations. Readers are cautioned that the foregoing list of\nfactors is not exhaustive.\n\nAdditional information on these and other factors that could affect IPC, or\nits operations or financial results, are included in IPC’s annual\ninformation form for the year ended December 31, 2025 (See “Cautionary\nStatement Regarding Forward-Looking Information\", \"Reserves and Resources\nAdvisory” and “Risk Factors”), in the management's discussion and\nanalysis (MD&A) for the three and six months ended June 30, 2026 (See \"Risk\nFactors”, “Cautionary Statement Regarding Forward-Looking Information\" and\n\"Reserves and Resources Advisory\") and other reports on file with applicable\nsecurities regulatory authorities, including previous financial reports,\nmanagement’s discussion and analysis and material change reports, which may\nbe accessed through the SEDAR+ website (www.sedarplus.ca) or IPC's website\n(www.international-petroleum.com).\n\nAttachment\n*     IPC - PR - Buyback results period of September 21 to 25 2026 28-09-2026\n(https://ml-eu.globenewswire.com/Resource/Download/fdfbc373-3703-4c64-a164-112f3537716f)","article_body_html":"","raw_payload":{"data":{"id":"nGNE1HKYhN-20260928","title":"REG-International Petroleum Corporation Announces Results of  Normal Course Issuer Bid","author":"Globe Newswire","ticker":"IPCO","created":"2026-09-28T09:00:00.295Z","tickers":["IPCO"],"exchange":"TSX","article_body":"International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq\nStockholm: IPCO) is pleased to announce that IPC repurchased a total of\n148,500 IPC common shares (ISIN: CA46016U1084) during the period of September\n21 to 25, 2026 under IPC’s previously announced normal course issuer bid /\nshare repurchase program (NCIB).\n\nIPC’s NCIB, announced on December 3, 2025, is being implemented in\naccordance with the Market Abuse Regulation (EU) No 596/2014 (MAR) and\nCommission Delegated Regulation (EU) No 2016/1052 (Safe Harbour Regulation)\nand the applicable rules and policies of the Toronto Stock Exchange (TSX) and\nNasdaq Stockholm and applicable Canadian and Swedish securities laws.\n\nDuring the period of September 21 to 25, 2026, IPC repurchased a total of\n100,000 IPC common shares on Nasdaq Stockholm. All of these share repurchases\nwere carried out by Pareto Securities AB on behalf of IPC.\n\nA summary and detailed breakdown of the transactions conducted on Nasdaq\nStockholm during the period of September 21 to 25, 2026 according to article\n5.3 of MAR and article 2.3 of the Safe Harbour Regulation is available with\nthis press release on IPC’s website:\nwww.international-petroleum.com/news-and-media/press-releases.\n\nDuring the same period, IPC purchased a total of 48,500 IPC common shares on\nthe TSX. All of these share repurchases were carried out by ATB Securities\nInc. on behalf of IPC.\n\nAll common shares repurchased by IPC under the NCIB will be cancelled. As at\nSeptember 25, 2026, the total number of issued and outstanding IPC common\nshares is 112,159,304 with voting rights, of which IPC holds 431,638 common\nshares in treasury.\n\nA total of 1,099,086 IPC common shares have been repurchased under the NCIB\nthrough the facilities of the TSX and Nasdaq Stockholm up to September 25,\n2026. A maximum of 6,468,077 IPC common shares may be repurchased up to\nDecember 4, 2026, or until such earlier date as the NCIB is completed or\nterminated by IPC.\n\nInternational Petroleum Corp. (IPC) is an international oil and gas\nexploration and production company with a high quality portfolio of assets\nlocated in Canada, Malaysia and France, providing a solid foundation for\norganic and inorganic growth. IPC is a member of the Lundin Group of\nCompanies. IPC is incorporated in Canada and IPC’s shares are listed on the\nToronto Stock Exchange (TSX) and the Nasdaq Stockholm exchange under the\nsymbol \"IPCO\".\n\nFor further information, please contact:\n\n Rebecca Gordon SVP Corporate Planning and Investor Relations rebecca.gordon@international-petroleum.com Tel: +41 22 595 10 50  Or  Robert Eriksson Media Manager reriksson@rive6.ch Tel: +46 701 11 26 15  \n\n \n\nThis information was submitted for publication, through the contact persons\nset out above, at 11:00 CEST on September 28, 2026.\n\nForward-Looking Statements \nThis press release contains statements and information which constitute\n\"forward-looking statements\" or \"forward-looking information\" (within the\nmeaning of applicable securities legislation). Such statements and information\n(together, \"forward-looking statements\") relate to future events, including\nthe Corporation's future performance, business prospects or opportunities.\nActual results may differ materially from those expressed or implied by\nforward-looking statements. The forward-looking statements contained in this\npress release are expressly qualified by this cautionary statement.\nForward-looking statements speak only as of the date of this press release,\nunless otherwise indicated. IPC does not intend, and does not assume any\nobligation, to update these forward-looking statements, except as required by\napplicable laws.\n\nAll statements other than statements of historical fact may be forward-looking\nstatements. Any statements that express or involve discussions with respect to\npredictions, expectations, beliefs, plans, projections, forecasts, guidance,\nbudgets, objectives, assumptions or future events or performance (often, but\nnot always, using words or phrases such as \"seek\", \"anticipate\", \"plan\",\n\"continue\", \"estimate\", \"expect\", \"may\", \"will\", \"project\", “forecast”,\n\"predict\", \"potential\", \"targeting\", \"intend\", \"could\", \"might\", \"should\",\n\"believe\", \"budget\" and similar expressions) are not statements of historical\nfact and may be \"forward-looking statements\". Forward-looking statements\ninclude, but are not limited to, statements with respect to: the intention and\nability of IPC to acquire common shares under the NCIB, including the timing\nof any such purchases; the number of common shares to be cancelled and the\ntiming of such cancellations; and the return of value to IPC’s shareholders\nas a result of any common share repurchases.\n\nThe forward-looking statements are based on certain key expectations and\nassumptions made by IPC, including expectations and assumptions concerning:\nthe duration and impact of tariffs that are currently in effect on goods\nexported from or imported into Canada, and that other than the tariffs that\nare currently in effect, neither the U.S. nor Canada (i) increases the rate or\nscope of such tariffs, reenacts tariffs that are currently suspended, or\nimposes new tariffs, on the import of goods from one country to the other,\nincluding on oil and natural gas, and/or (ii) imposes any other form of tax,\nrestriction or prohibition on the import or export of products from one\ncountry to the other, including on oil and natural gas; prevailing commodity\nprices and currency exchange rates; applicable royalty rates and tax laws;\ninterest rates; future well production rates and reserve and contingent\nresource volumes; operating costs; IPC's ability to maintain its existing\ncredit ratings; IPC's ability to achieve its performance targets; the timing\nof receipt of regulatory approvals; the performance of existing wells; the\nsuccess obtained in drilling new wells; anticipated timing and results of\ncapital expenditures; the sufficiency of budgeted capital expenditures in\ncarrying out planned activities; the timing, location and extent of future\ndrilling operations; the successful completion of acquisitions and\ndispositions and that IPC will be able to implement its standards, controls,\nprocedures and policies in respect of any acquisitions and realize the\nexpected synergies on the anticipated timeline or at all; the benefits of\nacquisitions; the state of the economy and the exploration and production\nbusiness in the jurisdictions in which IPC operates and globally; the\navailability and cost of financing, labour and services; IPC's intention to\ncomplete share repurchases under the normal course issuer bid program,\nincluding the funding of such share repurchases, existing and future market\nconditions, including with respect to the price of IPC's common shares, and\ncompliance with respect to applicable limitations under securities laws and\nregulations and stock exchange policies; and the ability to market crude oil,\nnatural gas and natural gas liquids successfully.\n\nAlthough IPC believes that the expectations and assumptions on which such\nforward-looking statements are based are reasonable, undue reliance should not\nbe placed on the forward-looking statements because IPC can give no assurances\nthat they will prove to be correct. Since forward-looking statements address\nfuture events and conditions, by their very nature they involve inherent risks\nand uncertainties. Actual results could differ materially from those currently\nanticipated due to a number of factors and risks.\n\nThese include, but are not limited to: general global economic, market and\nbusiness conditions; the risks associated with the oil and gas industry in\ngeneral such as operational risks in development, exploration and production;\ndelays or changes in plans with respect to exploration or development projects\nor capital expenditures; the uncertainty of estimates and projections relating\nto reserves, resources, production, revenues, costs and expenses; health,\nsafety and environmental risks; commodity price fluctuations; interest rate\nand exchange rate fluctuations; marketing and transportation; loss of markets;\nenvironmental and climate-related risks; competition; innovation and\ncybersecurity risks related to IPC’s systems, including costs of addressing\nor mitigating such risks; the ability to attract, engage and retain skilled\nemployees; incorrect assessment of the value of acquisitions; failure to\ncomplete or realize the anticipated benefits of acquisitions or dispositions;\nthe ability to access sufficient capital from internal and external sources;\nfailure to obtain required regulatory and other approvals; geopolitical\nconflicts, including current and potential future conflicts in Ukraine, the\nMiddle East, South America and elsewhere, and their potential impact on, among\nother things, global market conditions; political or economic developments,\nincluding, without limitation, the risk that (i) the tariffs that are\ncurrently in effect on goods exported from or imported into Canada continue in\neffect for an extended period of time, the tariffs that have been threatened\nare implemented, that tariffs that are currently suspended are reactivated,\nthe rate or scope of tariffs are increased, or new tariffs are imposed,\nincluding on oil and natural gas, (ii) the U.S. and/or Canada imposes any\nother form of tax, restriction or prohibition on the import or export of\nproducts from one country to the other, including on oil and natural gas, and\n(iii) the tariffs imposed or threatened to be imposed by the U.S. on other\ncountries and retaliatory tariffs imposed or threatened to be imposed by other\ncountries on the U.S. will trigger a broader global trade war which could have\na material adverse effect on the Canadian, U.S. and global economies, and by\nextension the Canadian oil and natural gas industry and the Corporation,\nincluding by decreasing demand for, and the price of oil, and natural gas,\ndisrupting supply chains, increasing costs, causing volatility in the global\nfinancial markets, and limiting access to financing; and changes in\nlegislation, including but not limited to tax laws, royalties, environmental\nand abandonment regulations. Readers are cautioned that the foregoing list of\nfactors is not exhaustive.\n\nAdditional information on these and other factors that could affect IPC, or\nits operations or financial results, are included in IPC’s annual\ninformation form for the year ended December 31, 2025 (See “Cautionary\nStatement Regarding Forward-Looking Information\", \"Reserves and Resources\nAdvisory” and “Risk Factors”), in the management's discussion and\nanalysis (MD&A) for the three and six months ended June 30, 2026 (See \"Risk\nFactors”, “Cautionary Statement Regarding Forward-Looking Information\" and\n\"Reserves and Resources Advisory\") and other reports on file with applicable\nsecurities regulatory authorities, including previous financial reports,\nmanagement’s discussion and analysis and material change reports, which may\nbe accessed through the SEDAR+ website (www.sedarplus.ca) or IPC's website\n(www.international-petroleum.com).\n\nAttachment\n*     IPC - PR - Buyback results period of September 21 to 25 2026 28-09-2026\n(https://ml-eu.globenewswire.com/Resource/Download/fdfbc373-3703-4c64-a164-112f3537716f)"},"type":"article","timestamp":"2026-09-28T09:00:00.663451256Z","server_sent_at_ms":1790586000663},"received_at":"2026-09-28T09:00:00.729Z","source_url":null},"analysis":{"id":"142515","press_release_id":"153729","analysis_json":{"industry":{"label":"Oil, Gas & Consumable Fuels","sector":"Energy"},"redFlags":[],"eventType":"buyback","narrative":"International Petroleum repurchased 148,500 common shares between September 21 and 25, 2026 under its existing normal course issuer bid, split between 100,000 shares on Nasdaq Stockholm and 48,500 on the TSX.\n\nCumulative repurchases under the NCIB now total 1,099,086 shares against a maximum authorization of 6,468,077 shares, with the program running until December 4, 2026.\n\nAll repurchased shares will be cancelled, modestly reducing the 112.2 million shares outstanding; Pareto Securities and ATB Securities executed the trades on IPC's behalf.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Routine NCIB weekly buyback update -- steady capital return, no change to program."},"keyFigures":{"customDimensions":{"treasury_shares":431638,"shares_outstanding":112159304,"max_repurchase_allowed":6468077,"shares_repurchased_tsx":48500,"shares_repurchased_period":148500,"total_repurchased_under_ncib":1099086,"shares_repurchased_nasdaq_stockholm":100000}},"namedEntities":{"people":[{"name":"Rebecca Gordon","role":"SVP Corporate Planning and Investor Relations"},{"name":"Robert Eriksson","role":"Media Manager"}],"products":[],"companies":[{"name":"International Petroleum Corporation","ticker":"IPCO","relationship":"filer"},{"name":"Pareto Securities AB","relationship":"broker (Nasdaq Stockholm repurchases)"},{"name":"ATB Securities Inc.","relationship":"broker (TSX repurchases)"},{"name":"Lundin Group of Companies","relationship":"parent group"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Routine weekly NCIB progress report under an existing buyback program; repurchases are small relative to the 112.2M shares outstanding and no new authorization or change in program was announced."},"tickerRelevance":{"others":[],"primary":"IPCO"},"globalImportance":12,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine-ncib-weekly-update","issuerAuthored":true}},"event_type":"buyback","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"International Petroleum repurchased 148,500 common shares between September 21 and 25, 2026 under its existing normal course issuer bid, split between 100,000 shares on Nasdaq Stockholm and 48,500 on the TSX.\n\nCumulative repurchases under the NCIB now total 1,099,086 shares against a maximum authorization of 6,468,077 shares, with the program running until December 4, 2026.\n\nAll repurchased shares will be cancelled, modestly reducing the 112.2 million shares outstanding; Pareto Securities and ATB Securities executed the trades on IPC's behalf.","key_figures":{"customDimensions":{"treasury_shares":431638,"shares_outstanding":112159304,"max_repurchase_allowed":6468077,"shares_repurchased_tsx":48500,"shares_repurchased_period":148500,"total_repurchased_under_ncib":1099086,"shares_repurchased_nasdaq_stockholm":100000}},"named_entities":{"people":[{"name":"Rebecca Gordon","role":"SVP Corporate Planning and Investor Relations"},{"name":"Robert Eriksson","role":"Media Manager"}],"products":[],"companies":[{"name":"International Petroleum Corporation","ticker":"IPCO","relationship":"filer"},{"name":"Pareto Securities AB","relationship":"broker (Nasdaq Stockholm repurchases)"},{"name":"ATB Securities Inc.","relationship":"broker (TSX repurchases)"},{"name":"Lundin Group of Companies","relationship":"parent group"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-28T09:00:06.842Z","global_importance":12,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"routine-ncib-weekly-update","issuerAuthored":true}},"durationMs":6076,"modelName":"glm-5.3-flashx"}}