Razor Energy Corp V.RZE.H

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

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 > RZE got $10.5 million in gov. grants

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Comment by ChickenLittle13on Mar 11, 2022 10:21pm

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Post# 34508447

RE:RZE got $10.5 million in gov. grants

21 Megawatt is a nameplate, in reality will only produce 17 which equates to roughly 20million in revenue. 4-5 million of EBITDA according to the latest release. Yea it's a good chunk of power , pretty impressive. Funded by govt funds too. Great investment.

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