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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 allnrgon Feb 09, 2018 6:12pm
133 Views
Post# 27536839

Time Line

Time LineThe company stated as per Dec 11 that they had spudded there first well of a two well pad which took them over the holidays so probably a break in there they cant complete these until the drilling rig moves off... as of Jan 23 (as per corporate presentation) they are drilling the 3rd well & completing the first two so say roughly 5 days per well to complete (totally guessing) which would put them to Feb 3 to finish completions operations then at least a week or two for any meaning full production numbers so as some are getting concerned I'm not expect we might get some very early production numbers next week... a lot of companys don't release numbers for 90 days I do realize why some are getting concerned with the lack of news as not many would read the corporate presentation or stockhouse for that matter... I see on another board that I look at but don't post people are still thinking we are on the first well... so end of the day the company needs to update there investors
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