GREY:RNSFF - Post by User
Post by
Boots333on Jul 05, 2018 8:50pm
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Post# 28275662
Upcoming Auctions
Upcoming Auctions Accordong to management:
ROE will not be bidding in the July Auction 3.2 as it is straight E. & P. blocks in new areas. ROE also will not be bidding in the September Auction 3.3 as this are shale gas blocks (NO liquids) and they are in Northern Mexico where there are huge security problems.
Roe is working to see if they can partner with a company to bid in the October auction where there are 7 big blocks being auctioned. Bidders need at least U.S.$100 million book value to be eligible to bid. They will have to have bids in by August 17.