Impact: Negative. Although we view RMP's $30 mm 1H16e capital budget as prudent in light of volatility in the current commodity environment, given development activities that are weighted 40% to longer-term projects, the Company's corresponding 1H16e corporate production of between 10,500-11,000 boe/d is behind our current outlook.
17 Dec 2015
RMP ENERGY LTD. (RMP) PROVIDES FIRST HALF 2016 CAPITAL BUDGET AND HIGHLIGHTS NEW STRATEGIC ACREAGE POSITIONS
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
RMP ENERGY LTD. (RMP) PROVIDES FIRST HALF 2016 CAPITAL BUDGET AND HIGHLIGHTS NEW STRATEGIC ACREAGE POSITIONS
Impact: Negative. Although we view RMP's $30 mm 1H16e capital budget as prudent in light of volatility in the current commodity environment, given development activities that are weighted 40% to longer-term projects, the Company's corresponding 1H16e corporate production of between 10,500-11,000 boe/d is behind our current outlook.