Kimbell Royalty Partners (NYSE:KRP – Get Free Report) and Rubellite Energy (OTC:RUBLF – Get Free Report) are both oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, earnings, institutional ownership, profitability and dividends. Analyst Ratings This is a breakdown of […]
The company closed the acquisition of a gross overriding royalty in 60,800 net acres of largely contiguous land in the Figure Lake area of central Alberta.
The acquisition includes approximately 800 barrels per day (bpd) of conventional heavy oil sales production, along with 215 net sections of land on the Sou.
Rubellite Energy Inc. recorded average conventional heavy oil sales production of 3,154 bbl/d for the third quarter of 2023, based on preliminary estimates. Current conventional heavy oil production,.