Rubellite Energy Corp T.RBY

Alternate Symbol(s): T.RBY.WT | RUBLF

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 CriticalMind55on May 31, 2022 8:41am

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Post# 34719369

3 Buys for RBY used to be 1, with a highest price target of

$7..25 another %47 upside...RBY needs to catch up with the PE ratios with the rest of the O&G stock prices...

[url=https://www.tipranks.com/stocks/tse:rby/forecast][/url]

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