RMP ENERGY INC T.RMP

Drop - Reason???

[MBA]

I'm not certain, but I thought the cause was due to the 4 wells being shut in at Ante Creek until end of March.  Caused by no solution gas capacity  constraints. 

i recall BXE being punished by the market due to a similar problem a while back.

[kmilne]

Meanwhile, two more oil companies have chopped their 2015 spending plans amid low oil prices. RMP Energy Inc. (RMP) lost 89 cents to $3.60 on 11.8 million shares, after setting a fully financed capital budget of $150-million. This is down from $170-million in 2014. Despite this decrease, RMP expects to produce 15,500 barrels of oil equivalent a day in 2015, up 30 per cent from 11,500

[bullmarkets]

The reason for the big drop was the guidance was for 42% liquids.  Vs last quarter was 55 % and trending higher.  So the GOR has changed. 

[MBA]

Appreicate the insight.  - i was trying to understand the strong negative reaction!