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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 Ebenizer3on Apr 16, 2021 9:50pm
240 Views
Post# 33016126

RE:Question

RE:Questionthe simple answer is no. the botswana exploration license was just signed in June and has a 4yr process the first two yrs gives the company time to research the geologic info prepare there eia and so forth, in the 3rd yr I think is when they can start drilling exploration wells. Maybe they can accelerate the process. The other thing is once roe exercise there option they become a working interest partner, but again they are sharing the same people steinke, jarvie and steinsberger are associated with reco. And has we saw today it's beginning to sink in how undervalued roe is.
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