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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 Mar 02, 2019 3:56pm
115 Views
Post# 29433599

A reason why the Contract Migration process is slow

A reason why the Contract Migration process is slow

 

If you are wondering why it takes so long to migrate the  Amitilan contract or any other contract, read this article. 

 

https://www.energia16.com/management-of-oil-contracts-in-mexico/?lang=en

 

 

This article points out that:

 

“The Management of Oil Contracts by Mexico will be a labor coordinated between the main entities, such as the Secretariat of Finance and Public Credit, the Secretariat of Energy, the Secretariat of Economy, the Mexican Petroleum Fund, the Tax Administration System, the National Agency for Industrial Security and Environmental Protection and the National Hydrocarbons Commission.”

 

They each have an input.

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