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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

Post by MyHoneyPoton Nov 22, 2016 11:49am
224 Views
Post# 25495848

RMP Gold Creek

RMP Gold Creek
RMP is in the right Neighborhood, and they can take their time. In a recent presentation on Paramounts new focus they put RMP land right in the sweet spot of the Montney. Futher north it does get sour and people don't want sour.

However Parmount is next door and are so confident in the area that they are drilling 25 wells with 4 rigs, with two mile laterials. Now Nuvista has jumped in themselves and with their receint fund raise will be drillin up their land in Gold Creek.

Gold creek is happening, and RMP is taking it slow because each section that Paramount sold to 7 generation just to the south they felt they realized 10 million dollars. If paramount and nuvista prove up Gold Creek and rmp drillis a few wells and gets similar results. They have enough land for a major resource play. I am sure Jim Riddel know Dereck Riddel and they are exchanging notes, the fact that RMP property is a bolt on for Paramount, i would not be surprized to see a take out.

In any case black bird need to get fly the pincher creed corridor and hopefully one of those wind mills will put them out of their misery. I think after a few wells start coming in RMP will be 2 dollars. Slow and steady, because evenyone in the neighborhood is going fast and pedal to the metal.
 
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