Operations

Rubellite has close to 580 net sections of land prospective for Clearwater and Mannville Stack heavy oil exploration and development

Rubellite is developing its Clearwater and Mannville Stack focused asset base in Eastern Alberta utilizing multi-lateral drilling technology. Horizontal laterals of up to a mile in length, are drilled from a single host well to open up 10,000 – 20,000 meters per well of reservoir for production. Multiple wells are drilled from surface pad sites to maximize capital efficiencies while at the same time concentrating production for low-cost operations. The properties have excellent existing road networks for operations and nearly year-round drilling access. 

Rubellite has set a robust pace for organic growth in production, reserves, funds flow and value for shareholders. Ongoing drilling activity is successfully developing the established Clearwater and Waseca resource and delineating Rubellite’s extensive land position while evaluating innovative technologies and practices to drive continuous capital efficiency improvements.