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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 Jun 01, 2017 11:33am
281 Views
Post# 26311341

RE:Sell this garbage Company

RE:Sell this garbage CompanyI hear you PinnacleX.  The tie-ins and startup delays of the new wells has been painful for shareholders to watch to say the least.  Still the assets have a lot of positives that other Montney players with similar holdings don't have: relatively shallow drills, sweet production, excellent liquids content, facility access, offset operator development showing excellent IP's & cumm. volumes, sparsely populated....etc. etc.  The wholesale change in management though isn't a bad thing - the team in place before wasn't executing.  With new vision and energy that will change.  I experienced something similar myself that ended being very good for shareholders so I know patience can pay off.  The AGM is at the end of the month.  Let's be there and see what the new guys are all about without being shy about putting their feet to the fire to see if they can handle a warm kitchen.  Two Elmworth wells should be starting up within two weeks and I hope that there's some good info on the Waskahigan well too.  It's all about executing the plan.  If RMP can show they're following through a lot of sighs of relief will be heard.
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