Rubellite Energy Inc (TSE:RBY) has released an update.
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Rubellite Energy Inc. celebrates a robust end to 2023 with a 93% increase in fourth-quarter heavy crude oil production and a 98% annual surge, outpacing guidance. The company’s financial health is underscored by a significant 82% rise in adjusted funds flow in Q4, alongside impressively low Finding and Development costs, signaling strong operational efficiency and a promising outlook for investors as Rubellite provides updates and guidance for the coming year.
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