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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 MetalsKingon Jun 15, 2015 5:50pm
107 Views
Post# 23833060

RE:RE:RE:RE:RE:RE:RE:RE:Composie Index

RE:RE:RE:RE:RE:RE:RE:RE:Composie IndexSomewhat more "gassy" actually may turn out to be okay as IMO natty will likely rally to $4 in the next 6-12 months and perhaps significantly higher in the next 2-3 years. The longer crude stays down here below $65 the better is the intermediate term to long term outlook IMO in both crude and nat gas. Looks like Marcellus is finally peaking and flattening out and other large fields are already in decline and that should continue and perhaps even accelerate over the next 6-9 months. RMP reminds me a bot of AAV which is almost all Nat gas and has/had excellent fundamentals, between Nov and Feb it bottomed 3 times near $4 basis U.S. price level from last Nov, to the end of Jan.,then started moving up to $6 area where it now trades. That action could equate to the RMP 2.80-2.90 price area in which we first hit in March, we'll see

MK
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