International Petroleum Starts Steam Injection at Blackrod Phase 1 Oil Project in Canada

03:38 AM EST, 01/05/2026 (MT Newswires) -- International Petroleum (IPCO.ST) said Monday it started the first steam injection at the Blackrod Phase 1 oil project on Dec. 20, 2025, in Canada. The oil and gas exploration and production company noted that it expects the first oil production at the project in the third quarter, a quarter earlier than the previous forecast, following the progress made in 2025. The project is fully owned by the company with approval to produce up to 80,000 barrels of oil per day.