Record Resources Inc

Record Resources Inc (REC.TSXV) primarily focuses on oil production, specifically from its 20 percent-owned Ngulu oil block in Gabon. The company is engaged in upstream activities, concentrating on exploration and production. - Production : Oil - Basin : Ngulu oil block, Gabon - Daily Rate : A single well at the Loba oil discovery is projected to produce 5,000 barrels of oil per day (bbl/d), with plans for a development that could reach 20,000 bbl/d. For more details, you can refer to the recent news here.

I was unable to locate reliable public information breaking down Record Resources Inc (TSXV: REC, ISIN: CA7562501063) production by oil, gas, and NGLs, nor any realized prices or basin‐specific differentials vs. WTI or Henry Hub for its production. Below is a summary of what I found, and where the gaps are. --- What is known - Company profile : Record Resources Inc is an oil & gas explorer/producer based in Alberta, Canada. (financialfilings.com) - It has a history of exploration assets internationally (e.g., Gabon) as well as conventional petroleum & natural gas in Alberta. (recordresourcesinc.com) --- What is not found I searched through recent MD&A, corporate presentations, financial statements and regulatory filings and did not find: | Missing item | Details | |--------------|---------| | Production breakdown | No numbers showing barrels (or BOE) produced per commodity (oil vs gas vs NGL) for recent periods. | | Realized prices | No realized prices per product (oil, gas, NGLs) disclosed by the company. | | Price differentials compare to WTI/Henry Hub | No data showing company’s realized oil price vs WTI, or gas price vs Henry Hub benchmark. | --- Why this matters and what to do - Material information : Realized pricing and production mix are key metrics for investor valuation (revenue per BOE, margins, exposure to benchmark price risks). - Potential reasons for non-disclosure : The company may not yet be producing large quantities, or may be in early exploration/development phases—hence less operational data. Alternatively, it may simply include oil and gas productio...

The information regarding Record Resources Inc's 1P/2P reserve life, finding and development (F&D) cost per BOE, recycle ratio, and the number of years of Tier-1 drilling inventory is not provided in the available company context.

The information regarding REC.TSXV's breakeven oil and gas price for free cash flow at current capex and dividend is not provided in the available company context.

The information regarding the percentage of Record Resources Inc's next-year oil and gas volumes that are hedged, the prices, and the instruments used (swaps, collars, three-ways) is not provided in the available company context.

I was unable to find any evidence that Record Resources Inc. (TSXV: REC, ISIN CA7562501063) currently has a capital‐returns framework that includes base or variable dividends, share buybacks, or debt paydowns. The company is not returning capital to shareholders at this time, and its free cash flow is negative. Below are the details: --- What was found - According to financial ratio and statistics data, Record Resources does not pay any dividends currently. The “Dividend Per Share” metric is n/a . (stockanalysis.com) - StockAnalysis shows the company has negative free cash flow over the trailing twelve months (TTM), about ‐CAD 1.35 million. (stockanalysis.com) - No announcements, filings or presentations were located that indicate the company has a policy or active program for dividends, buybacks, or systematic debt reduction. (recordresourcesinc.com) --- Implications - With negative free cash flow, the company has no cash available to fund shareholder returns via dividends or buybacks without raising external capital or changing its operating performance. - As there's no record of a past dividend, base or variable, we cannot calculate a payout ratio. - For debt paydown: the available data shows minimal debt relative to equity (very small dollar amounts), but since operating cash flow is negative, there is no evidence that any free cash is being allocated toward reducing debt. (stockanalysis.com) --- Answering your questions directly | Capital‐Return Mechanism | Status for REC.TSXV | |--------------------------|----------------------| | Base dividend | None in place; no ...

The information regarding the impact of a $10/bbl move in oil or a $1/MMBtu move in gas on Record Resources Inc's annual free cash flow and net debt is not provided in the available company context.

I searched the public record and company disclosures for Record Resources Inc. (TSXV: REC, ISIN CA7562501063) and found no credible data on key climate metrics such as methane intensity, flaring volumes or emissions trajectory. That means we also found no evidence of material net-zero carbon commitments or substantive carbon capture spending (as of the latest filings through mid-2026). Here’s a summary based strictly on what is known (and what's not known ): --- What is known - Company identity and business focus Record Resources is a Canadian E&P (exploration & production) company. Its principal operating asset is the Ngulu Block offshore central Gabon, in which it holds a carried interest through its joint venture with ReconAfrica. (recordresourcesinc.com) They also maintain exploration interests in natural hydrogen and certain mineral properties in Ontario. (recordresourcesinc.com) - Governance statements around environmental stewardship Their governance disclosures mention policies aimed at zero gas flaring and the use of clean energy sources (e.g. solar) in production facilities. They also reference environmental stewardship, community obligations under the Production Sharing Contract (PSC) in Gabon, and site restoration obligations. (recordresourcesinc.com) - Financial and corporate disclosure status Their latest audited financial statements (year ended September 30, 2025) show operating losses and limited assets; but these reports do not include emissions metrics or anything on Scope 1/2/3 emissions, flaring, methane intensity, carbon capture, or net-zero targets....