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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

Bullboard Posts
Post by Onedaylateon Oct 12, 2016 10:59am
190 Views
Post# 25334854

Slowest oil company.

Slowest oil company.Why so slow on progress? With drill rigs and crews sitting idle every where it cant be that there is a shortage. It only takes  a month to drill a very deep well, only another month to flow test it and put it at least behind pipe. Its been many many months and we are talking early 2017 to even start.
I am wondering if they either need a whole lot more money raised to pay for a program or the Mexican Gov is basically awash in red tape and bureaucracy, meddling in everything.
Bullboard Posts