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Razor Releases Q4 2016 Update with 2017 Plans

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Razor Releases Q4 2016 Update with 2017 Plans

[Summary: Razor released Q4 2016 results with projections for 2017. Re-activation projects have been made and more are coming to liberate additional light oil at low decline rates.
-the Company expects to take a disciplined and conservative approach to the 2017 budget]


Razor Energy Corp. ("Razor" or the "Company") (www.razor-energy.com) is pleased to announce our operating and financial results for the three and 12 month periods ended December 31, 2016. Our full audited consolidated financial statements and notes thereto, as well as management's discussion and analysis ("MD&A") can be found on SEDAR at www.sedar.com.

OPERATIONS UPDATE

Since entering negotiations to acquire oil and gas properties during the fourth quarter of 2016, Razor has invested approximately $2.5 million to…

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