Rubellite Energy Inc (RBY) NPV

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Business summary
Rubellite Energy Inc (Rubellite) is a Canada-based energy company. The Company is engaged in exploration, development and production of heavy crude oil from the Clearwater formation in Eastern Alberta, utilizing multi-lateral drilling technology. Rubellite's assets (the Clearwater Assets) comprise 104.5 net sections of acreage, for conventional heavy crude oil in the Clearwater formation with approximately over 370 identified multi-lateral drilling locations. Its Clearwater Assets also include two dimensional (2D) and three dimensional (3D) seismic and a road network of approximately 40 kilometer. The Company has eleven producing multi-lateral wells, including the six original producing wells at Ukalta, two wells at Marten Hills and three producing wells at Figure Lake.
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General stock information
- Short code:
- RBY
- ISIN:
- CA78111B2066
- Market cap:
- 190.19 million CAD
- Shares in issue:
- 54.72 million
- Sector:
- Oil & Gas Exploration & Production
- Exchange:
- Toronto Stock Exchange
- Country:
- Canada
- Currency:
- Canadian dollars
- Indices:
- n/a
Key personnel

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