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RUBELLITE ANNOUNCES OPERATIONAL UPDATE AND PARTICIPATION IN THE PETERS & CO. LIMITED 2023 ENERGY CONFERENCE
RUBELLITE ANNOUNCES OPERATIONAL UPDATE AND PARTICIPATION IN THE PETERS & CO. LIMITED 2023 ENE...
About this update from Rubellite Energy Corp.
[{"type":"text","content":"\n \n \n \n RUBELLITE ANNOUNCES OPERATIONAL UPDATE AND PARTICIPATION IN THE PETERS & CO. LIMITED 2023 ENERGY CONFERENCE\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n RUBELLITE ANNOUNCES OPERATIONAL UPDATE AND PARTICIPATION IN THE PETERS & CO. LIMITED 2023 ENERGY CONFERENCE\n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n Sept. 11, 2023\n \n \n /CNW/ - (TSX: RBY)\n \n -\n \n Rubellite Energy Inc. (\"Rubellite\" or the \"Company\"), a pure play\n \n Clearwater\n \n oil exploration and development company, is pleased to provide an operations update and advises that the Company will be presenting at the Peters & Co. Limited 2023 Energy Conference on Tuesday, September 12, 2023, at 3:00 PM ET (1:00 PM MT). An updated investor presentation has been posted to Rubellite's website at\n \n \n www.rubelliteenergy.com\n \n .\n \n \n \n \n OPERATIONS UPDATE\n \n \n \n At Figure Lake, a total of five (5.0 net) multi-lateral horizontal wells have been rig released during the third quarter to date on the new pad located at 15-24-63-18W4 (the \"15-24 Pad\"), with a total of eight (8.0 net) wells planned. The first well on the 15-24 Pad had an IP30 of 189 bbl/d (previously reported IP19 of 203 bbl/d). The second well on the 15-24 Pad had an IP30 of 225 bbl/d. The third well on the 15-24 Pad fully recovered its oil-based mud load fluid (\"OBM\"), started its IP30 period on\n \n August 19\n \n \n th\n \n and has recorded an IP18 of 287 bbl/d. The fourth well on the 15-24 Pad fully recovered its OBM, started its IP30 period on\n \n September 4\n \n \n th\n \n and is performing in line with the first three 15-24 Pad wells. All of the 15-24 Pad wells on sales production to date have early performance that is signi...