- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to announce that it has entered into a definitive purchase and sale agreement to acquire additional Clearwater assets within the Figure Lake and Edwand areas as well as undeveloped land in the Nixon area of northeast Alberta . ASSET ACQUISITION The Acquisition includes approximately 800 bbl/d of conventional heavy oil [...]
- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to provide an operations update and advises that the Company will be presenting at the Peters & Co. Limited 2023 Energy Conference on Tuesday, September 12, 2023, at 3:00 PM ET . An updated investor presentation has been posted to Rubellite's website at www.rubelliteenergy.com. OPERATIONS UPDATE At Figure Lake, a total of [...]
- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to report second quarter 2023 financial and operating results and confirms 2023 guidance. Select financial and operational information is outlined below and should be read in conjunction with Rubellite's unaudited condensed interim consolidated financial statements and related Management's Discussion and Analysis for the [...]
- Rubellite Energy Inc. is pleased to announce that the nominees listed in the management proxy circular dated April 6, 2023, were elected as directors of Rubellite. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was elected as a [...]
- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to report first quarter 2023 financial and operating results and provide an operations update and the Company's full year 2023 guidance. Select financial and operational information is outlined below and should be read in conjunction with Rubellite's unaudited condensed interim financial statements and related [...]
- Rubellite Energy Inc. is pleased to announce it has closed its previously announced non-brokered private placement offering of common shares issued on a "flow through" basis . Pursuant to the Offering, the Corporation issued the maximum 7.0 million Flow-Through Shares at an issue price of $2.85 per Flow-Through Share, for gross proceeds of approximately $20.0 million. Certain directors and officers of the Corporation [...]
/Not for distribution to U.S. news wire services or dissemination in the United States/ - Rubellite Energy Inc. is pleased to announce an insider led non-brokered private placement offering of common shares to be issued on a "flow through" basis pursuant to the Income Tax Act with respect to Canadian development expense . The Corporation intends to issue up to 7.0 million Flow-Through Shares at an issue price of $2.85 per [...]
- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to report fourth quarter and year-end 2022 financial and operating results, a summary of the Company's year-end 2022 reserves evaluated by independent qualified reserves evaluators McDaniel and Associates Consultants Ltd. and provide an operations and first quarter 2023 guidance update. A complete copy of Rubellite's [...]
- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to release its preliminary fourth quarter 2022 and current production results, announce a material expansion in Rubellite's land base and prospect inventory at Figure Lake, and provide an operational update, all of which highlight successful advancement of Rubellite's growth focused business plan centered around the [...]
- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to report third quarter 2022 financial and operating results and provide an operations and land acquisition update. Select financial and operational information is outlined below and should be read in conjunction with Rubellite's unaudited condensed interim financial statements and related Management's Discussion and [...]
- Rubellite Energy Inc. , a pure play Clearwater oil exploration and development company, is pleased to report second quarter 2022 financial and operating results and provide an operations and land acquisition update. Select financial and operational information is outlined below and should be read in conjunction with Rubellite's unaudited condensed interim financial statements and related Management's Discussion and [...]
- Rubellite Energy Inc. is pleased to announce that the nominees listed in the management proxy circular dated March 22, 2022 were elected as directors of Rubellite. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors Each of the following five nominees proposed by management was elected as a [...]