Razor Energy Corp V.RZE

Primary Symbol: 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 > Can somebody explain to me what does this mean?

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Comment by roberto146on May 21, 2023 9:43am

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Post# 35458330

RE:RE:RE:Can somebody explain to me what does this mean?

Each share you own entitles you to .494555 of a right; therefore it takes 2.022 shares to entitle you to one right. 2.022 x .494555 = ~1.0.
Strange numbers! Why not just say one share gets you two rights?

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