IPC sinks to loss on oil market slump and output cuts

Lundin-backed producer sees red ink as cash flow chopped despite cost-cutting to curb financial fallout of Covid-19

Production cuts: drilling at Suffield asset in Canada — Production cuts: drilling at Suffield asset in CanadaPhoto: IPC

Steve Marshall

Oslo

International Petroleum Corporation Lundin Group Canada Americas North America

Published 4 August 2020, 08:44Updated 4 August 2020, 08:44