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RMP Hits Montney Production Record at 6,500 BOE/d

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RMP Hits Montney Production Record at 6,500 BOE/d

RMP Energy Inc. has reported fourth quarter production and provide an operations update on Ante Creek, Waskahigan, Grizzly and South Ante Creek.

Operations Update: Corporate Production

As a result of RMP's successful exploration and development drilling program, the Company delivered record quarterly production for the fourth quarter 2012 of approximately 6,500 boe/d, weighted 47% light oil and 3% NGLs. RMP's annual average daily production for fiscal 2012 is estimated at approximately 5,300 boe/d, achieving its originally-guided 2012 production target of 5,000 to 5,500 boe/d and representing a 53% increase over fiscal 2011 average daily production of 3,472 boe/d (weighted 17% light oil and 8% NGLs).

Operations Update: Ante Creek, West Central Alberta Ante Creek Montney Light Oil…
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