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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 ditchdigger251on Mar 02, 2017 5:45pm
237 Views
Post# 25923019

RE:RE:RE:RE:RE:AER Drilling Data....

RE:RE:RE:RE:RE:AER Drilling Data....More gassy isn't a bad thing.  Gas energy is useful in lifting production without need for artificial lift.  That said the Gold Creek Montney at ~2200m TVD is definitely not too deep for some good artificial lift options when the time comes.  More gassy also might mean a bit more mature reservoir (more cooked) where the API gravity of the hydrocarbon fluid production might be lighter (i.e. condensate-ish) too which is typically a bit more valuable.

Whatever happens to RMP in the medium and long term the most important things to me are: Establish production and cash flow immediately from Gold Creek, build a solid long term development plan and hit the road to educate investors on RMP's huge value potential.  If they get bought out for a fair equitable price then fine or continue to grow value on their own.
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