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Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

Energy
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. > Pemex cost per barrel
View:
Post by Rogerthat2 on May 04, 2020 12:32pm

Pemex cost per barrel

Quote:  "Velazquez said the Mexican oil giant could weather low prices thanks largely to relatively low production costs at just above $14 per barrel."
With a $23B loss, Pemex might have to re-assess their cost to produce a barrel as well. Something is not right.
Comment by crude on May 08, 2020 5:35am
Pemex's $44/bl hedge floor adds Ps30bn to deficit Published date: 06 May 2020 Share: The hedge contracted by Mexico's state-owned Pemex has a floor of $44/bl, leaving the company exposed to losses below that following the global rout in crude prices, the company's annual report reveals. " ...more  
Renaissance Oil Corp.
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