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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 pablo87on Mar 08, 2017 9:41am
362 Views
Post# 25949605

RE:RE:RE:RE:RE:Paramount's Feb Operational Update

RE:RE:RE:RE:RE:Paramount's Feb Operational UpdateIf you look at Nuvista's #s, $10.5M DCET, $24.50 netback and 1.1year payback, that means 428,000 BOE produced in 400 days or 1070 per day.  The RMP type curve appears to show 550+ BOE/day in months 7-12.  Since their DCET is half, seems like RMP's Gold Creek economics WILL BE better thus the 0.9payback (which would indicate at the same $24.50 netback, 200,000 BOE over 330 days or 600 BOE/day average for 11 months) .  I'm cautiously very optimistic.
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