Rubellite Energy forecasts FY2026 heavy oil sales of 8,500-9,200 bpd
Reuters2026/08/10 12:17- Rubellite set FY/26 heavy-oil sales guidance at 8,500-9,200 bbl/d, following Q2 2026 heavy-oil output of 8,534 bbl/d.
- Q2 2026 sales production totaled 13,406 boe/d, with 64% oil and liquids.
- Forecast assumptions use Aug. 10 guidance with forward strip prices as of July 21, 2026, including conserved natural-gas sales volumes for heavy-oil assets.
- Capitalization snapshot: 94 million shares outstanding, market cap CAD 397.4 million at CAD 4.23, net debt CAD 158.1 million, enterprise value CAD 555.5 million.
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