Rubellite Energy Inc Announces Peavine Transaction

T-Reuters

2022/03/10

Rubellite Energy Inc :Rubellite Energy Inc. Announces Peavine Transaction, Reports Year-End 2021 Financial And Operating Results And Reserves, And Provides Operations Update And 2022 Guidance.Rubellite Energy Inc - Qtrly Loss Per Share Diluted $0.03.Rubellite Energy - Daily Average Sales Production Is Expected To Increase 91% To 107% From Q4 2021 To Average 1,150 To 1,250 Boe/D For Q1 Of 2022.Rubellite Energy Inc- Sees Full Year 2022 Average Sales Production Levels Of Between 2,200 To 2,400 Bbl/D.Rubellite Energy Inc- Co Has Signed A Letter Of Intent To Pursue A Farm-In And Option Agreement In Peavine Area.

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