RMP Energy Reports its 2011 Crude Oil And Natural Gas Reserves

RMP Energy Inc. (TSX:RMP) reported its 2011 crude oil and natural gas reserves evaluated by InSite Petroleum Consultants Ltd.

As quoted in the press release:

Highlights include:

• Total proved plus probable oil and gas reserves increased to 22.68 million boe, a 36% increase over the 16.68 million boe at December 31, 2010, after revisions to natural gas reserves discussed below.

• Total crude oil reserves increased by 814% to 9.41 million bbls from 1.03 million bbls (proved plus probable), as a result of the continued successful delineation and development of RMP’s Montney light oil pool at Waskahigan and exploration success at Ante Creek.

Click here to read the RMP Energy Inc. (TSX:RMP) press release.