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Bullboard - Stock Discussion Forum 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 Discussion

Renaissance Oil Corp. > a good read
View:
Post by ferret_ca on Feb 20, 2018 2:01pm

a good read

https://www.cnbc.com/2018/01/30/reuters-america-analysis-pemex-woes-presidential-race-stall-mexican-oil-joint-ventures.html

and probably an overall positive for roe, looks like the mexicans are realizing they have lower the price to get companies to jv with pemex.

cheers ferret
Comment by ferret_ca on Feb 20, 2018 2:14pm
here's a clip from another articlle dated jan 30/2018.  Pushing Pemex In its efforts to break Pemex's monopoly and attract international oil firms, the Mexican government has charted a more aggressive reform than others Latin American countries. To encourage oil service and mapping firms to work quickly and extensively, the government gave them licenses for up to 12 years to ...more  
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