Friday, January 24, 2025

Razor Energy to Drill Newly Consolidated Kaybob Position in 2018

EnerCom Dallas presenter Razor Energy Corp. releases 2018 corporate budget and guidance Alberta-based Razor Energy Corp. (ticker: RZE) announced Monday that the company has approved a corporate budget of $38.4 million for fiscal 2018. The budget will be deployed to continue production growth and to develop power generation and oilfield information technology, according to the company’s press release. The 2018

Razor Energy Completes Acquisition

Razor Energy Corp. (ticker: RZE) announced that it has completed the acquisition of certain non-operated working interest positions to consolidate its existing Kaybob Triassic Units 1 and 2 from an arm’s length company for a cash consideration of $4.9 million. The Kaybob assets are characterized by low decline, light oil focused production with abundant infrastructure that directly enhance Razor’s existing

Razor Energy Corp. is Presenting at EnerCom Dallas Feb. 21-22, 2018

Razor Energy Corp. (ticker: RZE) is an oil and gas development and production company headquartered in Calgary, Alberta, with an emphasis on acquiring and enhancing producing oil and gas properties in Alberta. The company recently released its Q3 2017 results. Q3 2017 was the first full quarter of operations for Razor with both the Swan Hills and Kaybob assets operating.

A Serious Canadian Valuation Gap

Market disconnect for a Canadian junior “Our company is undervalued” is a common phrase heard around investor conferences. Executives are their own best cheerleaders and they constantly seek innovative ways to create value with their companies. Sometimes the assertion that a company is not being valued in a fashion similar to its peers is more compelling than others, however, and

EnerCom’s 2017 Conference Day One Breakout Notes: Razor Energy

Razor Energy Breakout Notes Doug Bailey, president, CEO and director of Razor Energy Corp., (ticker: RZE) presented today at EnerCom’s The Oil & Gas Conference® 22. Razor Energy is a Canadian junior energy company formed after a merger with Vector Resources. The company purchased and is in the process of developing approximately 111,728 net acres in the Montney, known as

Razor Energy: Bringing an Aggressive Mindset to Acquired Assets

Canadian junior Razor Energy, (ticker: RZE) began operation on January 31, 2017 after combining with Vector Resources. After the amalgamation with Vector, Razor Energy completed the acquisition of the Swan Hills asset for $17.1 million. The Swan Hills asset itself is a light-oil, low decline field totaling 111,728 net acres of land. The acquisition has abundant infrastructure present, and Razor

Conventional Drilling in “Canada’s Delaware” Unlocks New Value

Razor Energy announces Kaybob acquisition Calgary-based Razor Energy Corp. (ticker: RZE) announced Wednesday that it entered into an agreement to acquire assets in Kaybob, located in west central Alberta, for $9.6 million. The assets compliment Razor’s existing Swan Hill assets and increase the company’s asset base for reactivation and re-entry opportunities in the Montney formation, which has several stacked layers

Razor Energy Joins Presenting E&Ps at EnerCom Dallas

Razor Energy Corp. (ticker: RZE) will join a slate of 40 other oil and gas E&P, oilfield technology companies and industry leaders who are presenting at EnerCom’s Texas-based investment conference— EnerCom Dallas—on Mar. 1-2, 2017 at the Tower Club downtown Dallas. Razor is a newly formed Calgary-based E&P that is the surviving entity following the recent combination of Vector Resources