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Bullboard - Stock Discussion Forum Rubellite Energy Corp T.RBY.WT


Primary Symbol: T.RBY Alternate Symbol(s):  RUBLF

Energy Oil & Gas E&P Energy Industrials
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

TSX:RBY - Post Discussion

Rubellite Energy Corp > See Link
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Comment by Justforme on Jan 25, 2024 8:37pm
They should show sales vs production volumes from these new drills, they are known to overstate production volume due to accounting OBM or incorrect production volume cuts
Comment by CriticalMind55 on Jan 26, 2024 9:35am
Should not matter that much, water cut fluctuates but production numbers should reflect net oil volumes.  Heavy Oil is reported as Prodcution = Sales as per AER D017 Sec. 12.
Rubellite Energy Corp
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