Mr. Doug Bartole reports

INPLAY OIL CORP. PROVIDES UPDATE ON ALBERTA WILDFIRES AND CREDIT FACILITY RENEWAL

All of InPlay Oil Corp.'s 3,400 boe/d (barrels of oil per day) (52 per cent light crude oil and NGLs (natural gas liquids)) of previously reported production down in the Pembina area close to Drayton Valley, Alta., is back on production. Approximately 90 per cent of the production was down for approximately one week after the initial shut-ins with the remainder coming on in stages over the last few weeks. None of the company's infrastructure incurred any damage as a result of the fires. The company thanks the firefighters and its employees for their tireless contributions and efforts throughout this unfortunate wildfire season.

The company also announces that the term out date and borrowing base redetermination applicable to the syndicated and operating facility under the company's senior credit facility has been extended to June 15, 2023. Due to timing considerations, and at the request of the banking syndicate, InPlay has agreed to the extension to finalize the customary annual renewal of the credit facility.