Razor Energy Corp V.RZE.H

Alternate Symbol(s): V.RZE.W.H | RZREF

Razor Energy Corp. is a Canada-based junior oil and gas development and production company. The Company is focused on acquiring, enhancing, and producing oil and gas from properties primarily in Alberta. The Company produces primarily light oil, natural gas, and natural gas liquids in Alberta. Its operations include Swan Hills/Kaybob Region and Southern Alberta Region. The Swan Hills/Kaybob region has approximately 250,600 (174,100 net) acres of land held by production. This region has a daily average production of around 3,305 barrels of oil equivalent per day (boe/d). The Southern Alberta region has approximately 78,200 (49,600 net) acres of land mainly held by production. This region is focused on production and development of medium gravity oil in the Glauconite formation and natural gas in the Mannville Group and has a daily average production of around 482 (boe/d). Its subsidiary, Blade Energy Services, provides services, such as fluid hauling and other oilfield services.

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Razor Energy Corp > Makes one wonder

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Comment by kavern23on Jan 31, 2024 3:58pm

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Post# 35855711

RE:RE:RE:Makes one wonder

Aimco is laughing as...when Aimco is invovled it is a red flag as do you think Aimco priority is retail investor...agh....:

Debt settlement: Razor settled all outstanding indebtedness owed to Alberta Investment Management Corporation (“AIMCo”) of $64.0 million by way of the sale and transfer by Razor to AIMCo of that number of FutEra Common Shares representing 70% of the issued and outstanding FutEra Common Shares and 100% of the issued and outstanding FutEra Preferred Shares. No Razor Common Shares were issued as part of the debt settlement.

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