Renaissance Oil Corp. RNSFF

How valuable is the Upper Jurassic?

[Boots333]

What Biscuits11 has said is true. It is impossible to determine a value of the acreage and the production from the Upper Jurassic shale on the Amititlan block. The best indicators of the possible potential are on the ROE website. This information is provided by the ROE team of experts, which will have somewhat of a bias.The core analysis shows that the shale is 3.3 times as thick as that of the Eagle Ford Shale in the U.S. and with capital costs less than those in the U.S. and operational and production costs once a well is drilled being about the second lowest in the world, similar to Saudi Arabia, are just indicators.The ROE team has a clear idea of the potential, they are excited about it and are anxious to get the drill bit going.