Exploration & Production
RMP Energy Provides Waskahigan Montney Drilling Update
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RMP Energy Inc. provided the following montney drilling update:
Production Update
Third quarter 2012 corporate production is estimated to average approximately 4,960 boe/d. Light oil and NGLs comprised approximately 40% of the total production. This represents a 46% increase over last year's third quarter production of 3,400 boe/d with a 25% liquids weighting. New well tie-in activities and down-hole pump workovers were hampered in the third quarter of this year due to unseasonably prolonged wet surface lease conditions at Waskahigan. At Waskahigan, production is presently off-line due to pipeline installation activity on the natural gas main line downstream of RMP's oil battery. This downtime commenced October 1, 2012 and is anticipated to last approximately five days. Prior to the…
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