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RMP ENERGY INC T.RMP

"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."


TSX:RMP - Post by User

Bullboard Posts
Comment by larsen6on Apr 15, 2014 12:32pm
348 Views
Post# 22453237

RE:Too right, Larsen6.

RE:Too right, Larsen6.Hey Marlbank,

I was trading so furiously that I should clarify for the general folks that at 14,000 - 15,000 boepd, there will be 10,360 - 11,100 bpd of oil.  This assumes a 74%/26% ratio of oil/NGL to nat gas.

The oil/NGL production can be valued at $75 - $80k/flowing barrel.  There will still be some good value in the associated gas making up the production.  And nat gas ain't getting any cheaper from what I can see :)

Let's see how low she goes.


L6
Bullboard Posts