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RMP Touts Gold Creek Montney Discovery; Talks Well Cost, IPs
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RMP Energy Inc. reported drilling and completion results from its Gold Creek exploration well.
RMP’s strategy during this period of lowcommodity prices has been to maintain a strong balance sheet while adding to the Company’s exploration and development inventory. The Company has strategically shifted its capital allocation towards asset expansion and enhancement of long-term growth prospects while temporarily scaling-back its pace of drilling and moderating near-term production growth objectives. The Gold Creek exploration drilling results and the acquisition outlined below are integral to this strategy.
Gold Creek Exploration Drilling ResultsIn the first quarter of this year, RMP successfully drilled and completed an exploration well (3-22-68-03W6), with flow test results confirming…
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