Razor Energy Corp V.RZE.H

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

Energy Oil & Gas E&P

Razor Energy Corp. is a Canada-based junior oil and gas development and production company, 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 (NGL) in Alberta. Its operations include Swan Hills/Kaybob Region and Southern Alberta Region. The Company's production and development are focused on light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations. Its production and development are focused on medium gravity oil in the Glauconite formation and natural gas in the Mannville Group. The Company produces various grades of oil, including Swan Hills Sweet/Mixed Sweet Blend (MSW), Peace Sour/Medium Sour Blend (MSB) and Bow River South/Western Canadian Select (WCS). Its Swan Hills/Kaybob Region has over 250,600 (174,100 net) acres of land held by production. Its Southern Alberta Region has around 78,200 (49,600 net) acres of land held by production.

TSXV:RZE.H - Post by User

Razor Energy Corp

Bullboard Posts

Post by Northstar49on Feb 11, 2020 6:08pm

474 Views

Post# 30677021

Emailed RZE today regarding geothermal update

Agreed with dividend cut, it stops the excess bleeding for now and allows them to refocus on other projects. ie: Geothermal. As they are still looking at financing options, I believe the cut was necessary for this to happen.

Just my opinion.

Stay thirsty all

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