RMP ENERGY INC T.RMP

AER Drilling Data....

[ditchdigger251]

Here's some data I just picked off the AER's Horizontal Well List on RMP's Gold Creek area HZ's:

	WELL NAME	LIC #	SPUD	FIN DRLG	TD (m)	TVD (m)
	RMP HZ ELM 4-18-68-2	480159	Jan 9/17	Jan 26/17	4935
	RMP HZ ELM 3-22-68-3	478480	Jan 5/16	Jan 24/16	4233	2198
	RMP HZ ELM 4-30-68-3	480911	Dec 2/16	Jan 4/17	4523

Since finished drilling dates are given it appears that the 4-18 and 4-30 wells are both drilled to TD but the time between spud and finished drilling for 4-18 of 17 days is shorter than the 32 days given for the 4-30 well in spite of being 412m longer.  I'm used to HZ's in the 5000m measured depth range to being 30+ days so I wonder if the finished drilling date is correct.  Still it's great to see the increases in Total Depths from the first well to the last well of roughly 700m.  Assuming a landed depth of ~2600m MD that would give lateral lengths of 1600m increasing to 2300m.  I would expect a somewhat linear increase in rate and reserves to go with that assuming uniform drainage (using tonnes/meter of proppant placed as a proxy).

It will be very interesting to see the next operations update.

[derbon99]

With the strong activity inthe area if rmp could deliver good IP results (like the first drill or slightly better let s dream a bit we have earned it) we would be back on track what a nice kick in the asse for the share prive would it be :-) let s hope we will get a bone till end of march

[DoubleGG]

I've talked to CIOC and Velvet people and neither will give much info up for the Gold Creek area. Both just smile and say things are good. Knowing the people I would say that is positive. Once infrastructure is in place I'm hoping we see good things.

[Seppelt]

I wonder if those in charge of hedge funds controlling CIOC and Velvet wish to have a ready market for their shares. By buying RMP they can kill two birds with one stone, get extra land and a listing on TSX.  So DoubleGG, talk to them again (top guys in NY or wherever) and give them a hint, something like a reverse takeover.   As for well 4-30, could it be that drilling was

[DoubleGG]

The guys I know aren't that high up on the ladder. Some think the RMP stuff will be more gassy. Hard to say they are tight lipped so I take that as a good thing. Honestly it looks to me like they are setting up to be taken over. With the board changes and all. You don't have a guy from an investment house as your chair with a long term plan to be growth. Those guys want to make their money

[ditchdigger251]

More gassy isn't a bad thing.  Gas energy is useful in lifting production without need for artificial lift.  That said the Gold Creek Montney at ~2200m TVD is definitely not too deep for some good artificial lift options when the time comes.  More gassy also might mean a bit more mature reservoir (more cooked) where the API gravity of the hydrocarbon fluid production might be