Bullboard - Stock Discussion Forum 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... see more

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TSX:RBY - Post Discussion

Rubellite Energy Corp > The Clearwater Is Hot

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Post by newcoin on Sep 12, 2022 9:45am

The Clearwater Is Hot

RBY Has 298 Sections of Land in the Clearwater

BIG ENERGY DEAL

Tamarack Valley Energy is expanding in the Clearwater oil plan in Alberta by acquiringDeltastream Energy Corp. for almost $1.43 billion in cash and stock. Clearwater has been billed as one of the most economical energy hubs in the country. We’ll strive to learn more about that today and we’ll watch how the market absorbs the news, which includes a bought-deal share sale by Tamarack — as a sweetener though, the company said it will hike its dividend 25 per cent once the takeover closes.

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