Anuncio • May 12
Rubellite Energy Corp. Provides Sales Production Guidance for the Second Quarter and Full Year 2026 Rubellite Energy Corp. provided Sales Production guidance for the second quarter and full year 2026. For the quarter, the company expects Sales Production to be in the range of 13,300 boe/d to 13,400 boe/d.
For the year, the company expects Sales Production to be in the range of 13,300 boe/d to 13,800 boe/d. Anuncio • Mar 11
Rubellite Energy Corp. Provides Production Guidance for the First Quarter of 2026 Rubellite Energy Corp. provided production guidance for the first quarter of 2026. For the quarter, the company expects sales production of 13,300 boe/d - 13,400 boe/d. Anuncio • Mar 04
Rubellite Energy Corp., Annual General Meeting, May 14, 2026 Rubellite Energy Corp., Annual General Meeting, May 14, 2026. Anuncio • Nov 08
Rubellite Energy Corp. Revises Production Guidance for Full Year 2025 Rubellite Energy Corp. revised production guidance for full year 2025. For the period, sales production is expected in the range of 12,325 - 12,400 boe/d, compared to the prior guidance of 12,200 - 12,400 boe/d. Production Mix is expected to remain at 70%, consistent with previous guidance. Heavy Oil Production is anticipated in the range of 8,325 - 8,400 bbl/d, compared to the prior guidance of 8,200 - 8,400 bbl/d. Anuncio • May 09
Rubellite Energy Corp. Provides Production Guidance for the Second Quarter and Full Year of 2025 Rubellite Energy Corp. provides production guidance for the second quarter and full year of 2025. For the quarter, the company expects sales production to be 12,200 boe/d to 12,400 boe/d. Heavy oil production to be 8,200 bbl/d to 8,400 bbl/d.
For the full year, the company expects sales production to be 12,200 boe/d to 12,400 boe/d. Heavy oil production to be 8,200 bbl/d to 8,400 bbl/d. Anuncio • Mar 04
Rubellite Energy Corp., Annual General Meeting, May 15, 2025 Rubellite Energy Corp., Annual General Meeting, May 15, 2025. Anuncio • Aug 04
Rubellite Energy Inc. to Report Q2, 2024 Results on Aug 08, 2024 Rubellite Energy Inc. announced that they will report Q2, 2024 results on Aug 08, 2024 Anuncio • Aug 03
Rubellite Energy Inc. Provides Production Guidance for the Fourth Quarter and Revises Production Guidance for the Year 2024 Rubellite Energy Inc. provided production guidance for the fourth quarter and revised production guidance for the year 2024. For the quarter, the company expects Sales Production of 7,400 bbl/d - 7,800 bbl/d.
For the year, the company expects Sales Production of 5,600 bbl/d - 5,900 bbl/d against previous guidance of 4,600 bbl/d - 4,900 bbl/d. Anuncio • May 15
Rubellite Energy Inc. Provides Production Guidance for the Year 2024 Rubellite Energy Inc. provided production guidance for the year 2024. For the year, Production sales volumes are expected to grow 39% to 48% year-over-year to average 4,600 to 4,900 boe/d and exit the year at 5,000 to 5,200 boe/d, poised for continued growth into 2025 with strong anticipated oil production and the addition of natural gas sales volumes in the first quarter of 2025. Anuncio • Mar 15
Rubellite Energy Inc. Provides Production Guidance for the First Quarter and Full Year 2024 Rubellite Energy Inc. provided sales production guidance for the first quarter and full year 2024. For the first quarter, the company expects sales Production of 4,450 bbl/d - 4,500 bbl/d.For the full year 2024, the company expects sales Production of 4,600 bbl/d - 4,900 bbl/d. Anuncio • Mar 10
Rubellite Energy Inc., Annual General Meeting, May 22, 2024 Rubellite Energy Inc., Annual General Meeting, May 22, 2024. Anuncio • Jan 17
Rubellite Energy Inc. Provides Operational Update Rubellite Energy Inc. announced its preliminary fourth quarter 2023 and current production results, update commodity price risk management contracts and provide an operational update, all of which highlight successful advancement of Rubellite's growth focused business plan centered around the attractive Clearwater play. Highlights include: Preliminary Fourth quarter 2023 average heavy oil sales production of 4,209 bbl/d, exceeding the high end of the fourth quarter guidance range of 3,900 to 4,200 bbl/d. The Company recorded approximately 113 bbl/d of additional average heavy oil production which was not recorded as sales during the quarter, building inventory to fill new tank volumes for oil processing and water separation at pad sites. Development drilling operations were focused on three pads including: finishing the last two of eight wells on the prolific pad at 15-24-63-18W4 (the 15-24 Pad); drilling four (4.0 net) horizontal multi-lateral wells at a new development pad at 9-3-63-18W4. and drilling one (1.0 net) horizontal multi -lateral development well, with a second (1.0 net) well rig released in early January, on a new development pad to the north at 14-22-63-18W4 ("14-22 Pad"). Including one well on the 9-3 Pad, which has not been able to commence continuous production due to high initial gas volumes, preliminary performance from the fourth quarter development drilling program is performing, on average, commensurate with the Figure Lake type curve(1) thus far. The Company is pleased with the step out drilling program executed by the second rig which was windowed in during the fourth quarter. Based on early time production performance to date, two of these four Figure Lake step out wells are Rubellite's most prolific performers drilled to date since the Company's inception, and have served to extend the development trend at Figure Lake to both the North and South. Operationally going forward, Rubellite intends to keep one drilling rig running continuously at Figure Lake until break up in late March, to drill six (6.0 net) wells during the first quarter of 2024. One development well has already been rig released on the 14-22 Pad since year-end. Given ungulate restrictions, drilling operations have now shifted to the south end of Figure Lake to drill two wells on the Company's recently acquired lands at a pad in Edwand at 3-17-61-17W4 (the "3-17 Pad"), applying an OBM drilling fluid system to this pool to compare to the water-based mud results from wells drilled by the previous operator. The rig will then return to the 6-19 Pad to drill two additional wells prior to break-up. The Company is planning to continue its one rig program through break-up to drill six additional wells on the BLMS 5-32 Pad. In early January, Rubellite re-activated its horizontal multi-lateral Northern Exploration well at Dawson (5-16-81-16W5) which was rig released in late January 2023. Rubellite also plans to continue exploration activities to pursue additional prospective land capture and de-risk acreage during the first quarter of 2024". As at January 16, 2024, Rubellite has entered into commodity price risk management contracts on an average of 2,150 bbl/d during 2024 to effectively provide Western Canadian Select ("WCS") price protection at approximately $83.45 CAD83.45/bbl as per the following commodity price and foreign exchange risk management contracts: Oil price risk management contracts: Oil price management contracts: Oil price risk Management contracts. Anuncio • Sep 12
Rubellite Energy Inc. Provides Operations Update Rubellite Energy Inc. provided an operations update and advises that the Company will be presenting at the Peters & Co. Limited 2023 Energy Conference on September 12, 2023. At Figure Lake, a total of five (5.0 net) multi-lateral horizontal wells have been rig released during the third quarter to date on the new pad located at 15-24-63-18W4 (the "15-24 Pad"), with a total of eight (8.0 net) wells planned. The first well on the 15-24 Pad had an IP30 of 189 bbl/d (previously reported IP19 of 203 bbl/d). The second well on the 15-24 Pad had an IP30 of 225 bbl/d. The third well on the 15-24 Pad fully recovered its oil-based mud load fluid ("OBM"), started its IP30 period on August 19th and has recorded an IP18 of 287 bbl/d. The fourth well on the 15-24 Pad fully recovered its OBM, started its IP30 period on September 4th and is performing in line with the first three 15-24 Pad wells. All of the 15-24 Pad wells on sales production to date have early performance that is significantly outperforming the Figure Lake type curve IP30 of 116 bbl/d. The fifth well on the 15- 24 Pad was rig released on September 5th and is currently recovering OBM. Water production to date from the wells on the 15-24 Pad has averaged approximately 5% of total fluid production, compared with an average to date at Figure Lake of approximately 22%. Given the infill drilling characterization of development in this central portion of the Figure Lake area, Rubellite intends to maintain continuous drilling operations on six to eight well pads for the remainder of 2023 to minimize rig moves and facility builds, and optimize the re-use of oil-based mud, thereby reducing costs and improving capital efficiencies. Rubellite has contracted a second rig to start-up in the fourth quarter to drill a minimum of two (2.0 net) wells and up to three (3.0 net) wells to accelerate evaluation of the Buffalo Lake Metis Settlement lands while maintaining the ongoing infill drilling program in the off-Settlement lands at Figure Lake. Up to 16 (16.0 net) multi- Lateral horizontal wells are expected to be drilled at Figure Lake in the second half of 2023 (unchanged from previous guidance) for a full year 2023 total of 25 - 26 (25.0 - 26.0 net) wells, as the property continues to be the Company's primary focus of investment and development. Production for the last two weeks of August averaged approximately 3,285 bbl/d of conventional heavy oil, based on field estimates and before inventory adjustments, up 15% from the 2,844 bbl/d reported for the second quarter of 2023, aided by the strong performance of the 15-24 Pad wells. The Company remains on track to achieve its 2023 annual average sales production guidance of 2,900 to 3,100 bbl/d with no changes to previous guidance assumptions. Anuncio • Aug 13
Rubellite Energy Inc. Provides Sales Production Guidance for the Full Year 2023 Rubellite Energy Inc. provided sales production guidance for the full year 2023. For the period, the company expects sales Production to be in the range of 2,900 bbl/d - 3,100 bbl/d. Anuncio • Jan 18
Rubellite Energy Inc. Revises Production Guidance for the First Quarter of 2023 Rubellite Energy Inc. revised production guidance for the first quarter of 2023. Factoring in the positive initial performance from the fourth quarter 2022 drilling program to date, production sales volumes for the first quarter of 2023 are expected to average at the high end of the previous November 10, 2022 guidance of 2,200 bbl/d to 2,600 bbl/d. 
