About Us

Growth-focused, Clearwater and Manneville Stack heavy oil explorer and producer

RUBELLITE ENERGY

We are engaged in the exploration, development and production of heavy crude oil from the Clearwater Formation and Mannville Stack in Eastern Alberta, utilizing multi-lateral drilling technology. Rubellite has a Clearwater and Mannville Stack focused asset base and is pursuing a robust organic growth plan focused on superior corporate returns and free funds flow generation while maintaining a conservative capital structure.

Management

Cost-effectively managed under a management services arrangement with Perpetual Energy

Directors

Strong governance through independent directors

Strategy

Fully funded growth opportunity in the prolific Clearwater and Manneville Stack plays

Generating Superior Returns Through the Drill Bit

Growing production, reserves, funds flow and value while exploring to expand the inventory for future growth

Strategy

Core Properties

Ukalta

Established Clearwater production with modest future development inventory

Figure Lake

Exploration and delineation success spurring active Clearwater development to rapidly grow production, reserves, funds flow and value

Marten Hills

Solid economic returns from high netback Clearwater production with secondary recovery potential