Rubellite Energy Inc T.RBY

Alternate Symbol(s): T.RBY.WT | RUBLF

Rubellite Energy Inc. is a Canadian energy company. The Company is engaged in the exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. It is developing its pure Play Clearwater asset base in Eastern Alberta utilizing multi-lateral drilling technology. It has over 140 net sections of land prospective for Clearwater heavy oil exploration and development. Its operations include Ukalta, Figure Lake and Marten Hills. The Ukalta is located approximately 55 miles northeast of Edmonton. It has a 100% working interest at Figure Lake. It has accumulated close to 85 sections of land prospective for the Clearwater play in the Figure Lake area. It is actively developing its three sections of land at Marten Hills.

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Rubellite Energy Inc

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Post by retiredcfon Aug 17, 2022 11:38am

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Overplay of the demand destruction theme for oil is making it an attractive asset: David McAlvany

David McAlvany, CEO at McAlvany Financial Companies, joins BNN Bloomberg and discusses the markets and lend his outlook for oil in the coming months. McAlvany notes that weakness in the oil market provides an opportunity for resurgence, which should put oil back in investors list of assets to own.

https://www.bnnbloomberg.ca/video/overplay-of-the-demand-destruction-theme-for-oil-is-making-it-an-attractive-asset-david-mcalvany~2503374

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