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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

Comment by hydrocarbsson Oct 17, 2018 9:51pm
85 Views
Post# 28824080

RE:RE:RE:RE:Lots of positives coming out of Obrador & Mexico lately

RE:RE:RE:RE:Lots of positives coming out of Obrador & Mexico latelyIn talking with ROE IR, Pemex must approve all news releases re: Amatitlan. It's still in their ownership. Pemex has not approved well result news releases for well results in Amatitlan. This is from the 2Q MD&A: Second Quarter 2018 Highlights Renaissance, in conjunction with its partner, PJSC LUKOIL (Lukoil), drilled six new wells targeting the shallow Chicontepec formations for the Integrated Exploration and Production Contract for the 243 km2 (60,000 acres) Amatitln block, near Poza Rica Veracruz, Mexico; The Company, conjointly with Lukoil completed workovers and repair operations on an additional four wells of the scheduled six well workover program In the presentation by Craig Steinke in Hong Kong in June 2018, he states a summer drilling program should bring production to approx. 5,000 boe/d. Currently around 1,600 boe/d.
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