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RMP Energy Provides Montney Shale Drilling Update

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RMP Energy Inc. is pleased to provide completion test results highlighting follow-up light oil Montney drilling success at Ante Creek in West Central Alberta.

At Ante Creek, RMP successfully drilled and completed its second Montney formation horizontal oil well located at 13-26-66-24W5 (100% working interest), which offset the Company's original oil discovery well (4-35-66-24W5). Over the first 59 hour flow back, the 13-26 well recovered all of its frac fluid. During the final 24 hours of a 96 hour new oil production flow test, it produced approximately 2,800 bbls of 36 degree API crude oil and 1.66 mmcf of associated solution gas for a total of approximately 3,090 boe at a flowing tubing wellhead pressure of 400 psi. Please refer to important Reader Advisories at the end of this news…

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