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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RMP ENERGY INC > Solid assets

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Post by Albanian on Feb 18, 2016 5:58am

Solid assets

https://m.canadianinsider.com/company?ticker=RMP

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Comment by Jonesing on Feb 22, 2016 6:26am

Some of the best. Suprised buyout hasn't happened yet. If oil recovers a little this year companies like RMP who are built to be taken over will get scooped up.

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Comment by powerman on Feb 22, 2016 4:53pm

Agreed, RMP Assets are solid. Biggest issue has been and continues to be the glut on ng on the market. We are over 55% ng and getting 1970's pricing on these products and assets. The Oil & NGL price is bad but it has a much better upside going forward (over the next year). Ng on the otherhand is headed toward being locked in like never before. Just too much ng showing up everywhere. Maybe ...more

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Comment by powerman on Feb 26, 2016 9:48pm

I think the glut of ng will find it's way to market over time. Feb 26, 2016 news release. Duke Energy is replacing coal plants with ng plants. The new 1,640 megawatt combined-cycle natural gas plant in Citrus County, Florida, breaks ground on March 2. and will provide electricity to 1.7 million customers in Florida starting in 2018. https://www.oilandgas360.com/duke-energy ...more

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