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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

Comment by Seppelton Mar 07, 2017 4:08pm
170 Views
Post# 25946423

RE:Paramount's Feb Operational Update

RE:Paramount's Feb Operational Update
When POU released this on Feb. 15, it's shares went up from about 16 to close to 19 in only a few days. Great wells with a lot of condensate which is as good as oil.
 
Cost, however, should also be factored in. These extra deep and long POW wells are probably a lot more expensive to drill and complete. 
 
RMP should soon release Q4 and annual results. It would be interesting to see test results, and the cost, of new Gold Creek wells. Not sure if these results will come with Q4 or later in a separate release.
 
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