Rubellite Energy management commentary cites unrealized hedging losses as main driver of Q3 2026 net loss

• Rubellite Energy management commentary attributed its Q3 2026 net loss of CAD 27.1 million primarily to CAD 43.7 million in unrealized hedging losses.
• Higher realized oil prices drove revenue up 40% to CAD 81.68 million; wet weather increased operating and transportation costs.
• A CAD 20.8 million deferred tax recovery partially offset the earnings impact of unrealized losses on risk management contracts.
• Net debt fell to CAD 109 million from CAD 158.1 million in June, primarily reflecting Topaz shares received for the East Edson disposition.
• Management raised full-year exploration and development spending guidance to CAD 145 million–155 million, citing higher working interests, accelerated activity and infrastructure upgrades.

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