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 > RBY Should be around $5 by now...needs to catch up

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Comment by retiredcfon Jun 06, 2022 11:25am

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Post# 34734149

RE:RBY Should be around $5 by now...needs to catch up

I agree. In addition, given their location in the prolific Clearwater and a relatively low market cap due to their lethargic SP, one would have to think that they could be viewed as an attractive takeout candidate. GLTA

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