RE: RE: RE: Results I gotta agree. RMP is basically a production line now. Once the expansion is done all they have to do is drill and tie in indefinetly. Once the base production is big enough and they have huge cashflow then buy another company, or accumulate land and start another focus area and repeat.
The question I have is if Nat. Gas prices ever return to a "normal" level will RMP be able to rebook these reserves that we have unbooked over the past year? If so that offers pretty compelling secret value.
My second question is if RMP wrote the reserves down because they are uneconomic at current prices why aren't other companies doing the same? I'm quite unsure on this issue so any help would be great.
Good Luck RMP longs!