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RMP's Switch to Slickwater at Montney Wells Pays Off

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RMP's Switch to Slickwater at Montney Wells Pays Off

RMP Energy Inc. has provided a production and operations update.

Third Quarter 2015 Production

For the third quarter of 2015, RMP's average daily production was approximately 11,000 boe/d (weighted 47% light oil and NGLs).

As previously disclosed, the Company's third quarter production was impacted by:

i) a shutdown of the Alliance pipeline system on August 7, 2015, resulting in the shut-in of substantially all of RMP's production for approximately one week; ii) a mechanical disruption at the Company's Waskahigan oil battery for a seven day period in early-July; iii) and ongoing third-party gas transportation restrictions causing material, uneconomic gas pricing which resulted in RMP deliberately shutting-in its Kaybob Montney field for the better part of the third quarter. The Kaybob…
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