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by Stockwatch Business Reporter

West Texas Intermediate crude for December delivery lost 35 cents to $45.43 on the New York Merc, while Brent for January lost 51 cents to $46.44 (all figures in this para U.S.). Western Canadian Select traded at a discount of $15.35 to WTI ($30.08), unchanged. Natural gas for December added six cents to $2.77. The TSX energy index lost 1.67 points to close at 208.60.

Alberta Montney producer RMP Energy Inc. (RMP) lost four cents to 70 cents on 640,700 shares. It has officially finished its "strategic review," the euphemism it used in August when it put itself and its assets up for sale. It was under pressure at the time to do something about its burdensome net debt of about $105-million. In late October, it agreed to sell its Ante Creek Montney assets, which were contributing over half of its production, to Enerplus Corp. (ERF: $9.89). This $114.3-million sale closed yesterday and brought the strategic review to a close.

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