Overview
RMP Energy's asset base is concentrated in West Central Alberta and southern Saskatchewan. Our production assets are solid, with significant resource play upside, and are backed by the Company's strong financial position.
RMP Energy's properties include:
The assets are being developed by a seasoned management team that has extensively and successfully drilled in the Western Canada Sedimentary Basin over the past two decades.
The Waskahigan light oil property in West Central Alberta is RMP's main focus and primary recipient of capital allocation at this point. This property presently provides the greatest returns for RMP due to its encouraging results to-date and strong economics supported by its light oil weighting.
The majority of RMP's other properties are gas focused properties at various stages of development. These resources have excellent development potential, and with a natural gas price recovery, will provide excellent returns.
RMP aims to grow our portfolio of assets in the future. We are continually evaluating potential acquisitions, and will consider assets that have the right geological composition, the right economics and that complement our current portfolio.
RMP also maintains smaller natural gas operations in Gordondale, located in Alberta's Peace River Arch area and Gilby in Central Alberta.