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.

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Rubellite Energy Corp > Could this be a $500M company. Michael Blair says so

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Comment by newcoinon Aug 30, 2022 7:15pm

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Post# 34931055

RE:RE:Could this be a $500M company. Michael Blair says so

I've always been impressed with their 298 net sections in the Clearwater play. Wow!
Last raise was at $3.55 and all insiders were in.
$3.00 - $3.50 seems like a great price.
WTI needs to stay in $85 - $115 range.

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