RUBLF News and Press, Rubellite Energy From 07/29/22

Shallow reservoirs. Multilateral wells. Open-hole and unstimulated completion. Cold flow. All these make Clearwater the most economical among North American resource plays. It's still the early days in exploring and developing this heavy oil trend so investors should consider investin...

Founded only a year ago, Rubellite is a pure play oil producer operating in the prolific Clearwater play. Led by Sue Riddell Rose and Ryan Shay, the company has first class management. The company is debt free and funds its capital program from internally generated funds. ...

Tamarack Valley Energy has made a number of accretive acquisitions in the hot Clearwater play that improved cash flow and have payouts of about a year. Tamarack Valley has increased its dividend and plans to divert more cash toward shareholders as revenue ramps from reduced hedges and...

Rubellite Energy press release (OTCPK:RUBLF): Q1 GAAP EPS of -C$0.21. Revenue of C$10.88M (+176.8% Q/Q). The Company averaged 1,525 bbl/d of sales production during the month of March and achieved its 2,000 bbl/d production milestone in late March. Adjusted funds flow  was C$3.8 mil...

Rubellite Energy press release (OTCPK:RUBLF): Q4 AFFO of $0.03 Revenue of $3.93M. For further details see: Rubellite Energy reports Q4 results