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Bullboard - Stock Discussion Forum 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 Discussion

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Post by thedave2006 on May 14, 2015 7:48pm

ok q

https://ca.finance.yahoo.com/news/rmp-energy-reports-first-quarter-211600853.html
Comment by PinnacleX on May 14, 2015 8:05pm
This post has been removed in accordance with Community Policy
Comment by ndaloisi on May 14, 2015 8:34pm
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Comment by PinnacleX on May 14, 2015 8:42pm
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Comment by Stars-Aligned on May 14, 2015 8:49pm
TA blinded you boys to the facts... everyone was expecting this my holdings were liquidated along with many other clients.. OIL was at 42 q1 !!!! Now work ur magic so we can all start seeing some upside in our portfolios. Q2 average oil is looking at 56 compared to 48 Q1 
Comment by PinnacleX on May 14, 2015 9:04pm
This post has been removed in accordance with Community Policy
Comment by bplondon on May 14, 2015 10:05pm
Agreed. I like almost everything I see in the report. Reduced operating costs, great netbacks based on the low oil and gas prices in the first quarter, very smart move to cash in the hedge and pocket the $6 million.  Improved recovery techniques that make Waskahigan and Grizzly very economical when the market essentially is saying it's worthless. Further drilling to delineate the field ...more  
Comment by bull_man on May 14, 2015 10:31pm
nice report; one of the best i've seen in the oil and gas sector; management is doing everything they need to be doing; RMP is ready for the recovery.....when you got a strong balance sheet, there is nothing to worry about.
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