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Rubellite Energy Inc T.RBY

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

Rubellite Energy Inc. is a Canadian energy company. The Company is engaged in the exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. It is developing its pure Play Clearwater asset base in Eastern Alberta utilizing multi-lateral drilling technology. It has over 140 net sections of land prospective for Clearwater heavy oil exploration and development. Its operations include Ukalta, Figure Lake and Marten Hills. The Ukalta is located approximately 55 miles northeast of Edmonton. It has a 100% working interest at Figure Lake. It has accumulated close to 85 sections of land prospective for the Clearwater play in the Figure Lake area. It is actively developing its three sections of land at Marten Hills.


TSX:RBY - Post by User

Post by Betteryear2on Mar 14, 2024 8:04pm
166 Views
Post# 35933954

RUBELLITE ENERGY INC. REPORTS FOURTH QUARTER

RUBELLITE ENERGY INC. REPORTS FOURTH QUARTER

CALGARY, ABMarch 14, 2024 /CNW/ - (TSX: RBY) – Rubellite Energy Inc. ("Rubellite", or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to report fourth quarter and full year 2023 financial and operating results, select information from the Company's independent year-end 2023 reserve report, evaluated by McDaniel and Associates Consultants Ltd. ("McDaniel"), provides an operations update for the first quarter of 2024 and provides first quarter and full year 2024 guidance. A copy of Rubellite's audited financial statements, Management's Discussion and Analysis ("MD&A") and Annual Information form for the year ended December 31, 2023 will be available on the Company's website at www.rubelliteenergy.com and Sedar+ at www.sedarplus.ca.

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