Rubellite Energy Corp RUBLF

Primary Symbol: T.RBY Alternate Symbol(s): T.RBY.WT

Rubellite Energy Corp. is a Canada-based company. The Company’s wholly owned subsidiaries include Rubellite Energy Inc. (Rubellite), and Perpetual Energy Inc. (Perpetual). Rubellite is an energy company engaged in the exploration, development and production of heavy crude oil from the Clearwater and Mannville stack Formations in Eastern Alberta, utilizing multilateral drilling technology. Rubellite has a prolific, oil-focused asset base and is pursuing a robust growth plan. Rubellite operations include Ukalta, Figure Lake, Frog Lake, and Marten Hills. The Ukalta is located approximately 55 miles northeast of Edmonton. It has a 100% working interest at Figure Lake. Perpetual is an oil and natural gas exploration, production and marketing company. Perpetual owns a diversified asset portfolio, including liquids-rich conventional natural gas assets in the deep basin of West Central Alberta and undeveloped bitumen leases in Northern Alberta.

TSX:RBY - Post by User

Rubellite Energy Corp

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Post by retiredcfon Apr 23, 2022 7:42am

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Post# 34625934

Undervalued Canadian Energy Sector

I don't own any of his picks but the argument applies across the Canadian energy sector. GLTA

Canadian oil stocks trading at much lower multiple than in 2014: Bison Interests' Young

Josh Young, CIO of Bison Interests, joins BNN Bloomberg for his outlook on the energy sector as oil trades over US$100. Young says oil stocks are better positioned than in 2014, but are trading at much lower multiples creating opportunity for investors. His top picks are Baytex, Journey and SandRidge.

https://www.bnnbloomberg.ca/video/canadian-oil-stocks-trading-at-much-lower-multiple-than-in-2014-bison-interests-young~2426859

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Calibre discovers significant gold in Newfoundland