You have nothing to worry about! Here is a bio on Barry Olson.He is the man behind the glory days of RMP energy.
Presentation is very clear. They have 600 low risk locations .Most of their land is surrounded by Raging River and Crescent point energy.
Oil appears to have hit bottom again. IEA came out with positive comments and also Saudi Arabia.
Toro will likely resume drilling in a couple of months.
They are gift wrapping themselves for a sale in a year or two with much higher production and significant price per boe compared to what they are trading for.
Take advantage of these low prices.
Barry Olson
President & CEO, Director
Barry Olson is a petroleum engineer with more than 30 years of executive experience and industry leadership. Throughout his extensive career, he’s held various increasingly senior management roles in major and junior oil and gas companies. Most recently, Barry was responsible for building the upstream strategy and asset base for a proposed west coast LNG facility for a major offshore conglomerate. Prior to that, he was the founder, president and CEO of Orleans Energy Ltd, a TSX-listed company that grew to 4,700 boepd prior to merging with RMP Energy in 2011. Since then, the existing platform has grown to more than 12,500 boepd in the highly successful Ante Creek Montney light oil play.