FutEra Power Corp. , a subsidiary of Razor Energy Corp. which is a publicly traded Alberta-based junior oil and gas company, is pleased to announce it is entering the project execution stage of its co-produced Geothermal Power Project in Swan Hills, Alberta . For further investor information please contact the undersigned at info@futerapower.com [...]
Razor Energy Corp. announces its fourth quarter and year end 2020 financial and operating results. Selected financial, operational and reserves information is outlined below and should be read in conjunction with Razor's audited consolidated financial statements, management's discussion and analysis and annual information form for the year ended [...]
Razor Energy Corp. is pleased to provide a summary of its 2020 year-end reserves evaluation and an updated operational outlook. The highlights and reserves summary below set forth Razor's gross reserves at December 31, 2020, as evaluated by Sproule Associates Limited , qualified reserves evaluators, in an independent report dated February 19, 2021 [...]
Razor Energy Corp. is pleased to announce that it has secured an extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation , on behalf of certain of AIMCo's clients, for an amended principal amount of $50.1 million . The terms of the Term Loan Facility are materially unchanged from the previous [...]
Razor Energy Corp. announces that it has secured a further interim extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation . The Company has reached an agreement with AIMCo to extend the maturity date from February 5, 2021 to February 16, 2021 in order to complete necessary documents and [...]
Razor Energy Corp. announces that it has secured an interim extension to its existing non-revolving term loan facility from Alberta Investment Management Corporation . The Company has reached an agreement with AIMCo to extend the maturity date from January 31, 2021 to February 5, 2021 in order to complete necessary documents and registrations [...]
Razor Energy Corp. is announcing that it will be deferring the scheduled December 31, 2020 interest payment to the Alberta Investment Management Corporation under the existing $47.7 million Term Loan Facility . The interest will be capitalized, adding to the principal of the existing Amended Term Loan Facility. The Amended Term Loan Facility [...]
Razor Energy Corp. announces its third quarter 2020 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended September 30, 2020 which are [...]
Razor Energy Corp. is pleased to announce the appointment of Mr. Sean Phelan to its Board of Directors, effective October 15, 2020. Mr. Phelan is an independent businessman with over 30 years of finance experience in the oilfield services industry. He was co-founder and Vice President, Finance and Administration for Matrix Drilling Fluids Ltd. from [...]
Razor Energy Corp. announces its second quarter 2020 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended June 30, 2020 which are [...]
Razor Energy Corp. is announcing that it will be deferring the scheduled June 30, 2020 interest payment to the Alberta Investment Management Corporation under the existing $45.0 million Term Loan Facility . The interest will be capitalized, adding to the principal of the existing Amended Term Loan Facility. The Amended Term Loan Facility matures on [...]
Razor Energy Corp. announces its first quarter 2020 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended March 31, 2020 which are [...]