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Razor Energy Corp.
11 articles mentioning Razor Energy Corp.
Razor Energy Corp. Second Quarter 2021 Results
Razor Energy Corp. reported its Q2 2021 results. Highlights: Acquisition On August 12, 2021, the Company completed an agreement to acquire certain non-operated working interest assets in its Swan Hills, Alberta core region for a total...
Razor Energy Corp. First Quarter 2021 Results
Razor Energy Corp. reported its Q1 2021 results. Q1 2021 Highlights: Financing: The Company renewed the Amended Term Facility with AIMCo (the “AIMCo Term Loan”) on February 16, 2021. The maturity date of the AIMCo Term...
Razor Energy Adds Service Sector Exec to Board of Directors
Razor Energy Corp. has appointed Sean Phelan to its Board of Directors, effective October 15, 2020. The Company also announces the resignation of Mr. Vick Saxon from the board. About Phelan Mr. Phelan is an independent...
Razor Energy Skips Out on Loan Interest Payment
Razor Energy Corp. will be deferring the scheduled June 30, 2020 interest payment to the Alberta Investment Management Corporation (AIMCo) under the existing $45.0 million Term Loan Facility. The interest will be capitalized, adding to the...
Razor Energy First Quarter 2020 Results
Razor Energy Corp. reported its Q1 2020 results. Q1 2020 Highlights Operating Production volumes in the first quarter of 2020 averaged 4,195 boe/d, down 4% from the production volumes in the same period of 2019, impacted...
Razor Energy Talks Q2 Operations, Financials; Lowers 2019 Capex
Razor Energy Corp. reported its Q2 2019 results. Operating Highlights: Sales volumes averaged 4,332 boe/d, down 14% from the same quarter of last year, mainly due to operational challenges resulting from third party fuel gas composition...
Razor Energy Details Q1 2019 Results
Razor Energy Corp. has reported its Q1 2019 results. Near and Medium-Term Objectives Reducing operating costs, through continued investment in infrastructure and equipment, and increased efficiencies; Improving production efficiency through low risk, lower cost capital activities...
Razor Energy Announces 2019 Budget, Production Guidance
Razor Energy Corp. has approved a capital budget of $13.5 million. Capital expenditures of $13.5 million are expected to be allocated as follows: Reactivations, recompletions and optimizations $4.6 million Facilities and pipelines $5.2 million Other (oilfield...
Razor Spending +284% More in 2018; Talks Q4 Drilling, Well Results
Razor Energy reported its Q4 2017 results. 2018 Budget - 2018 Budget: $38.4 million (up +284% from $10 million spent in 2017) Highlights: Full year production averaged 3,813 boe/d (89% liquids) Completed 3 major asset acquisitions...
Razor Energy Announces 2018 Budget; Plans 8 Montney Wells
Razor Energy's Board of Directors recently approved an acquisition, development, and operations budget of $38.4 million for 2018. 2018 BUDGET Capital expenditures are expected to be allocated as follows: Kaybob area drilling $12.8 million Reactivations, workovers...
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...