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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 hydrocarbson Jun 08, 2018 11:55am
120 Views
Post# 28146242

Picked up some warrants with expiry Oct 2020

Picked up some warrants with expiry Oct 2020Use TD Ameritrade, had to make a phone call...took total of 40 min...but have a limit order for warrants good for the next two weeks. Commission was adjusted down. Commission is charged on a per day basis for any day that warrants actually get bought. Warrants expire on Oct 2020. With an exercise price of $.50 Canadian. Trading for under a dime. If this hits, the shares could climb to $3.50-$4.00. The recent presentation in Hong Kong, daily production is stated to increase from approx. 1,500boe/d to 5,000/d near term. Following is from the 1Q news release: During the quarter, six wells were drilled intersecting the shallow Tertiary aged Chicontepec formations. To date, ten Chicontepec wells, of an expanded fourteen well program, have been drilled with the drilling of an eleventh well now underway. Six of the new wells have undergone completion operations and were placed onto production, with a further four completions expected to be concluded in the coming weeks. PLACED INTO PRODUCTION...
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