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Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

Energy
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 Discussion

Renaissance Oil Corp. > First mover advantage
View:
Post by allnrg on Dec 02, 2018 11:05am

First mover advantage

About to play out here, imagine the value of the ROE lands if there are no more auctions. ROE posted a solid quarter & almost turned a profit on the higher royalty Chiapas blocks. Just think of what they can do with the wave of lower royalty production coming post migration from 17 new drills & 8 wells worked over....
Comment by allnrg on Dec 05, 2018 12:25pm
https://www.bloombergquint.com/business/fridman-s-dea-agrees-largest-oil-deal-since-mexico-opened-up#gs.8tRxpZM
Renaissance Oil Corp.
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