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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 Boots333on Feb 11, 2019 2:16pm
149 Views
Post# 29348287

Numbers of Contracts.

Numbers of Contracts.

If the article attached article is correct, then there should be 18 more contracts to migrate. Pemex has already signed off and agreed to the terms of the migration back of Amititlan last summer. The drill program required has been completed as required under the service contract. The final review and cost accounting to ensure compliance with the original service contract was completed in November. Everything was submitted to CNH, Sener and the Department of Finance in December. ROE has had follow up meetings. It is difficult to get any information from the government agencies as to where ROE and Amititlan are in the list. I would expect that all of these contracts are at various stages of completion. Management keeps saying it is close, but we don't know. This is a new government and new people.

 

https://www.theoilandgasyear.com/news/cnh-approves-migration-of-pemexs-ebano-contract/

 

 

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