Razor Energy – Oil & Gas 360

Razor Energy Corp. announces closing of recapitalization transaction including debt settlement and rights offering

June 19, 2023

BOE Report CALGARY, Alberta, June 19, 2023 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor”) (TSXV: RZE) in conjunction with FutEra Power Corp. (“FutEra”), is pleased to announce that it has completed the transactions contemplated by its previously announced debt settlement agreement with Alberta Investment Management Corporation, (“AIMCo”), on behalf of certain of its clients (the “Debt Settlement Agreement”), pursuant to which all

Razor Energy Corp. announces strategic light oil consolidation acquisition in Swan Hills, Alberta enhancing oil & gas, geothermal power, carbon capture, and hydrogen production opportunities

August 4, 2021

BOE Report Publisher’s Note: FutEra Power will be presenting at EnerCom’s The Oil & Gas Conference on Tuesday, August 17, 2021 at 10:30am MST. CALGARY, Alberta – Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) is pleased to announce that it has entered into a definitive agreement to acquire certain non-operated working interest assets in its Swan Hills, Alberta core region

Razor Energy Corp. announces first quarter 2021 results

May 28, 2021

CALGARY, Alberta, May 28, 2021 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor”…

World class Montney and Swan Hills light oil development drilling opportunities

March 23, 2021

Oil and Gas 360 BOE Report: March 23, 2021 World Class Montney and Swan Hills Light Oil Development Drilling Opportunities Razor Energy Corp. is initiating a process to explore strategic partnerships to drill two of its low-risk light oil assets in Alberta. Potential deal structure may include farm-in, joint venture, direct equity or debt investment into Razor or some other

Razor Energy Corp. Announces Second Quarter 2020 Results

August 28, 2020

CALGARY, Alberta, Aug. 28, 2020 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razorȁ…

Razor Energy Corp. announces fourth quarter and 2019 year end results

April 29, 2020

Oil and Gas 360 CALGARY, Alberta, April 29, 2020 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) (www.razor-energy.com) is pleased to announce its fourth quarter and year end 2019 financial and operating results. Selected financial, operational and reserves information is outlined below and should be read in conjunction with Razor’s audited consolidated financial statements, management’s discussion

Razor Energy Corp. Announces Fourth Quarter and 2019 Year End Results

April 29, 2020

CALGARY, Alberta, April 29, 2020 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) (www.razor-energy.com) is pleased to announce its fourth quarter and year end 2019 financial and operating results. Selected financial, operational and reserves information is outlined below and should be read in conjunction with Razor’s audited consolidated financial statements, management’s discussion and analysis and annual

Razor Energy Corp. confirms cash dividend for December 2019 payable January 31, 2020

January 9, 2020

Oil and Gas 360 CALGARY, Alberta, Jan. 09, 2020 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces that the December 2019 monthly cash dividend will be $0.0125 per share which will be paid on January 31, 2020. The record date for the dividend is January 15, 2020 and the ex-dividend date is January 14, 2020.

Razor Energy: 2018 Year-End Reserves and Net Asset Value

February 22, 2019

Razor schedules special shareholder meeting to vote on issuance of preferred stock Razor Energy Corp (TSXV: RZE) announced its yearend reserves and net asset value, 2018 CapEx spending breakdown, future development costs and other financial news. HIGHLIGHTS · Proved Developed Producing (“PDP”) reserves value discounted at 10% (“NPV10”) before tax is $148.7 million, or $6.11 per share net asset value

Razor Energy Gives 2019 Budget, Guidance

January 22, 2019

Calgary’s Razor Energy Corp. (stock ticker: RZE) has approved a capital budget of $13.5 million for fiscal 2019 that allows it to maintain production levels while continuing to pay a dividend. Reactivations, recompletions and optimizations $4.6 million Facilities and pipelines $5.2 million Other (oilfield IT and other) $1.5 million End of life expenditures $2.2 million Reactivations, recompletions and optimizations include

Razor Energy Corporation to Present at The Oil and Gas Conference

July 20, 2018

Razor Energy Corporation (CVE: RZE) Company Overview Razor Energy is a publicly-traded junior oil and gas development and production company headquartered in Calgary, Alberta. It is concentrated on acquiring, and subsequently enhancing, producing oil and gas properties primarily in the Swan Hills/Kaybob region in Alberta. Razor was founded in 2016 and through a business combination with Vector Resources Inc., a

Razor Energy Increases Reserves by 112% in 2017

February 15, 2018

Razor Energy Corp. (ticker: RZE) released a new reserves report today. Total reserve values, on a proved developed producing basis discounted at 10% before tax, were $178.3 million, which represents an increase of 112% over year-end 2016. Total PDP reserve volumes were 11,910 MBOE (90% oil and liquids), which represents an increase of 55% over year-end 2016. Total proved (1P)

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