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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 doggiestyleon May 27, 2021 2:47pm
211 Views
Post# 33279538

RE:Completion of bought deal

RE:Completion of bought deal The target is first week of July for the deal completion and late June for drilling TD. I have never seen it communicated that they are planning results after well 2 and have stated that al along that this is a 3 well program and to expect results after that. Of course they said that about Well 1 and had to release results on that early - so it could happen again.

I would say that they would prefer the deal closed before the results released but its not essential. i don't know that it mkaes much difference anyways, as the fortunes of the two companies are now both linked to the success of Reco (whether they are together or separate).

  
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