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IPB Petroleum Eyes Alaska with $1.27M Raise and Strategic Acquisition
10:35am on Friday 30th of January, 2026 AEDT
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Energy
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IPB Petroleum Eyes Alaska with $1.27M Raise and Strategic Acquisition
10:35am on Friday 30th of January, 2026 AEDT
Key Points
Binding Terms Sheet signed to acquire Peritas LLC’s 143,368 acres in Alaska’s NPR-A
Includes the undeveloped Umiat oil field near ConocoPhillips’ Willow Project
Raised $1.27 million to fund technical studies and working capital
Applied for 9-month extension on WA-424-P permit in Western Australia
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