Who we are

International Petroleum Corp. (IPC) is an international oil and gas exploration and production company with a high quality portfolio of assets located in Canada, Malaysia and France, providing a solid foundation for organic and inorganic growth.

History

The Lundin family have been involved in oil exploration and and production for over half a century. International Petroleum Corporation (IPC) can trace its roots back to the 1980’s when Adolf Lundin created the original IPC, operating in countries such as Oman, UAE, Vietnam, Malaysia and Libya to name a few. The following history gives an overview of how the current IPC was born and the key events that have occurred more recently.

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Our strategy

IPC’s strategy is twofold. Firstly it is to invest organically in the assets in Canada, Malaysia and France, ensuring that the full resource and value potential of these assets can be realised. Secondly, we seek to acquire assets with reserves and resources in the production and / or development stage. Our geographical focus is not limited, which has been the recipe for success within all the Lundin Group companies.

Vision & Values

We are an entrepreneurial value-driven team bringing energy to the world in a sustainable way.

Our focus

We focus on what we do best and how we can continually improve. We build on our core strengths as an entrepreneurial energy company while establishing a collaborative culture of enthusiastic and skilled people.

Our standards

We are a safe and environmentally-responsible operator with high integrity standards. We achieve disciplined growth through maximizing the value of our assets and ambitiously acquiring new ones.

Our Culture

IPC operates in a positive culture that encourages creative thinking and innovation, driving how we make decisions and where we focus our talent. We foster a culture of respect, diversity and inclusion recognizing that employees are integral to the success of our company.

Our Engagment

We are active in engaging with our stakeholders to build trust and confidence in how IPC contributes to sustainable economic development in the world.

Excellence

Be the best you can be as a person and as a professional

Respect

Demonstrate high regard for someone or something

Resilience

Bounce back from adversity as well as to seize opportunities, as and when they arise

We are an entrepreneurial value-driven team bringing energy to the world in a sustainable way

To achieve our Vision, we have identified 3 core IPC values, as well as the behaviors and actions that will help bring them to life on a daily basis.

pdf

IPC Vision & Values in Action

September 17, 20212.46 MB

Leadership

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Corporate governance

The Board of Directors (the “Board”) is primarily responsible for supervising the management of the Corporation’s business and affairs. Its authority is determined by the provisions of the British Columbia Business Corporations Act and by the Corporation’s articles.

In addition, the Board’s activities are governed by a set of procedural rules which are adopted by the Board.

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