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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Post by Boots333on Nov 24, 2018 4:08pm
144 Views
Post# 29017861

Chiapas Program.

Chiapas Program.

 

 

According to Management, ROE has not started drilling the Chiapas wells. These are scheduled to be started to be drilled in Q1, 2019. Depending on drilling times and completion techniques it may extend into Q2 for completions. There are four wells to be drilled with two workers. Both rigs have been lined up. They are still working on how they will be financed. From my previous discussions ROE had one financing arrangement available, but are looking at other options and opportunities for financing. 

 
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