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Iron Bridge Resources Inc.

Company Summary

Description

Junior, upstream oil and gas producer based in Western Canada. Formerly known as RMP Energy, changed name in October 2017 to Iron Bridge.

Website

http://ironbridgeres.com/

Operational Regions

  • Western Canadian Sedimentary Basin

Financial Data:




Tickers:

  • OEX - Toronto Stock Exchange
  • RMP - Toronto Stock Exchange
  • IBR - Toronto Stock Exchange

Related Entities

Recent news

Investor Presentations

  • November 2017 Corporate Presentation
  • October 2017 Corporate Presentation (subscriber access)
  • Investor Presentation - March 2017 (subscriber access)
  • April 2016 Corporate Presentation (subscriber access)
  • June 2016 Investor Presentation (subscriber access)

Company Transactions

Date: 11/8/2018
Type: Acquisition

NOTES:
Velvet Energy announced Iron Bridge shareholders have approved the amalgamation of Iron Bridge and Velvet Acquisition Company ("VAC"). Following the decision, shareholders of 20 million Iron Bridge shares were issued one redeemable preferred share of VAC, automatically redeemed by VAC for $0.845, for each Iron Bridge share held. Total cash consideration amounted to $17 million paid to the former Iron Bridge shareholders.
REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 10/15/2017
    Type: Acquisition

    DETAILS:

    COST: 80 $MM

    VOLUMES: 3.215 MBOE/d

    ACRES: 92450 Acres

    NOTES:
    RMP Energy has entered an agreement to sell certain West Central Alberta assets for $80 million to Tangle Energy.
    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 6/23/2017
    Type: Acquisition

    DETAILS:

    ACRES: 52800 Acres

    NOTES:
    RMP acquired 82.5 net sections (52,800 acres) in the middle Montney reservoir.
    REGIONS:
  • Montney Formation
  • Date: 2/15/2017
    Type: Acquisition

    DETAILS:

    ACRES: 3200 Acres

    REGIONS:
  • Montney Formation
  • Date: 11/16/2016
    Type: Acquisition

    DETAILS:

    COST: 114.3 $MM

    VOLUMES: 4.3 MBOE/d

    ACRES: 69888 Acres

    REGIONS:
  • Western Canadian Sedimentary Basin
  • Date: 6/30/2016
    Type: Acquisition

    DETAILS:

    COST: 10 $MM

    VOLUMES: 40 BOE/d

    ACRES: 12800 Acres

    REGIONS:
  • Montney Formation