The Ubika Energy 20 (UE20) index surged 19.9% during the past month, handily beating out its counterpart, the TSX Capped Energy Index, which slipped 0.3% during the same period. Ikkuma Resources Corp. (TSXV: IKM) was the top performing component company, soaring 58% after the Western Canadian oil and gas junior announced record average production of 7,008 boe/d in its fourth quarter.
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