RMP ENERGY INC T.RMP

July 26: RMP appoints new management team

[pablo87]

New CEO, NEW COO, NEW VP Exploration, NEW VP Ops, New VP Engineering. Guess these guys don't mess around.

https://boereport.com/2017/07/26/rmp-energy-announces-new-management-team-transition-2/

[ditchdigger251]

I take this as very positive news.  The lack of an AGM presentation is now explained as waiting for new management.  Looks like they've raided Tourmaline cookie jar which also explains the need for approving the stock options.  I've worked lands adjacent to Tourmaline, primarily in the Wilrich, and know them to be aggressive outside the box thinkers that achieve good return

[pablo87]

DD, Tourmaline is a good company = good people.  If these execs joined RMP, they must think there is value there AND that THEY can add value.  Alas, as usual, I chickened out and unloaded my position a few weeks ago.

[BigFishy]

Thought we'd see a pop this week on the news and move in WTI. Guess it's still the constant change the market is unsure of. Good changes just have to wait to see if these guys perform.