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RUBELLITE ENERGY INC. ANNOUNCES FOURTH QUARTER 2023 PRODUCTION AND POSITIVE STEP-OUT WELL RESULTS AT FIGURE LAKE, AND PROVIDES HEDGING UPDATE

Newswire.ca - Tue Jan 16, 2024

CALGARY, AB, Jan. 16, 2024 /CNW/ - (TSX: RBY)  Rubellite Energy Inc. ("Rubellite" or the "Company"), a pure play Clearwater oil exploration and development company, is pleased to release its preliminary fourth quarter 2023 and current production results, update commodity price risk management contracts and provide an operational update, all of which highlight successful advancement of Rubellite's growth focused business plan centered around the attractive Clearwater play. Highlights include:

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