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Bullboard - Stock Discussion Forum
RMP ENERGY INC
T.RMP
Energy
Oil & Gas E&P
"Iron Bridge Resources Inc, formerly RMP Energy Inc is a crude oil and natural gas company engaged in the exploration for, development and production of natural gas, crude oil and natural gas liquids in Western Canada."
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Bullboard (TSX:RMP)
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(101)
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ppp
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Comment by
ppp
on Jan 24, 2017 12:59pm
RE:RE:RE:Company listened: new top, & chairman directs 11 mln shares
Yes, I am glad they are getting their house in order. Glad someone picked up on the TBE directors. Now that one of them is gone I will buy a few. GLTA
(294)
•••
pablo87
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Comment by
pablo87
on Jan 24, 2017 11:23am
RE:RE:Company listened: new top, & chairman directs 11 mln shares
RMP had 2 directors that were also Directors of TBE (Chairman and past CEO) which went into Receivership 5 months ago, one of whom (the one that resigned) is a partner at Burnet Duckworth which is Rmp
...more
(201)
•••
Seppelt
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Comment by
Seppelt
on Jan 23, 2017 8:53pm
RE:Company listened: new top, & chairman directs 11 mln shares
Also worth noticing is that one director has resigned - too many for a company of this size. Not sure if it's important at this stage but Jon Grimwood is not given the title of CEO and he is not
...more
(0)
•••
Resilience
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Post by
Resilience
on Jan 23, 2017 2:12pm
Company listened: new top, & chairman directs 11 mln shares
They're making the VP of exploration, responsible for Gold Creek, President. I'd say that says a lot: "Mr. Grimwood has been Vice President, Exploration of RMP since May 2011 and has
...more
(0)
•••
gharibm
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Post by
gharibm
on Jan 23, 2017 1:47pm
Bucking the trend
In a day that is very harsh for energy companies, RMP is up, The new management is more focused on growing production from Gold Creek rather than building infrastructure. Initial results reported from
...more
(42)
•••
profittaker1
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Comment by
profittaker1
on Jan 23, 2017 11:57am
RE:RE:New president and chairman
Looks like this company is finally heading in the right direction. RMP Energy Appoints New President, New Chairman of the Board and Provides an Operations Update January 23, 20176:00 AM Marketwired
...more
(0)
•••
DoubleGG
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Comment by
DoubleGG
on Jan 23, 2017 10:23am
RE:RE:15% Quarterly Decline Rate(?), Growth & Debt in Dec 2017(?)
As for Q4 there was a 1 week Pembina outage that was initially scheduled for Q3 that was moved to Q4.
(201)
•••
Seppelt
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Comment by
Seppelt
on Jan 23, 2017 8:13am
RE:New president and chairman
And finally there is an operations update. I guess, we prayed (or complained) and God listened.
(201)
•••
Seppelt
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Post by
Seppelt
on Jan 23, 2017 8:08am
New president and chairman
Josh is on the top now. And a former VP has been promoted to run the business.
(201)
•••
Seppelt
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Comment by
Seppelt
on Jan 21, 2017 10:12am
RE:On Montney declines & production + CJJ Pool 16.000 Boe/d
I think, they have a good idea (and the type courve) what to expect from Gold Creek. They just can't disclose any data until the wells are in production. The first thing I noticed in the
...more
(0)
•••
Resilience
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Post by
Resilience
on Jan 21, 2017 2:53am
On Montney declines & production + CJJ Pool 16.000 Boe/d
Obviously most Montney declines heavily, that's the nature of the beast. Gold Creek is also very wet - but this is a known fact in the area which they just deal with through engineering and
...more
(0)
•••
goinonaprayer
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Post by
goinonaprayer
on Jan 20, 2017 3:24pm
Someones Playing....
House 79 (CIBC)has been doing this for some time. Whenever there is a tick up they sell 500 to bring the price back down. Quite often 79 to 79. Perhaps trying to hold it down until their tax loss
...more
(201)
•••
Seppelt
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Comment by
Seppelt
on Jan 20, 2017 10:59am
RE:To Resilience: Production Decline Rate, Growth, Debt Dec 17
George, Overall, Resilience is correct, Gold Creek production is not included. Not because the company is conservative, they are simply not in a position to speculate on an asset which has no
...more
(201)
•••
Seppelt
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Comment by
Seppelt
on Jan 20, 2017 10:38am
RE:RE:15% Quarterly Decline Rate(?), Growth & Debt in Dec 2017(?)
Good explanation Ditchdigger. Hopefully we will see a PR soon confirming previously released numbers that Q4 average was, let's say 3,500 boe/d and Exit 3,250. Hopefully the numbers will be even
...more
(100)
•••
George98
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Post by
George98
on Jan 20, 2017 9:18am
To Resilience: Production Decline Rate, Growth, Debt Dec 17
Resilience, thanks for your post. However, RMP's Gold Creek is largely uncharted land, and there is only one producing well in RMP's acreage. How can you be sure that RMP's Gold Creek
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