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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 Seppelton Aug 30, 2017 5:15pm
183 Views
Post# 26639384

Top performer doday

Top performer doday
Looks like there are more buyers that sellers lately. Shares are up in a market where oil is down and everybody is trying to figure out when and how the market will recover from the effects of Harvey.
 
There are two things I can think of:
 
1. Well 15-23 is showing good performance.
 
2. From Q2 reports released about 2 weeks ago: 
"New Management Team continues to undertake a thorough engineering and geotechnical evaluation and assessment of RMP’s Elmworth asset in addition to the Company’s other assets and operations..."   "Details of the Company’s updated business plan will be provided in due course"
 
It could be the new management is about ready to tell us some good stuff.
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