Bullboard - Stock Discussion Forum Renaissance Oil Corp. RNSFF

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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.

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Renaissance Oil Corp. > AMLO sounds death knell for Pemex farm-outs.....

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Post by Ebenizer3 on Feb 21, 2019 10:28pm

AMLO sounds death knell for Pemex farm-outs.....

article on oilandgas360.com so what's this mean for renaissance? No farm-outs or migrations? is this the reason them been dragging there feet. They funded amatilin and intend on keeping renaissance and Lukoil in a service roll?

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Comment by Ebenizer3 on Feb 21, 2019 10:37pm

Says if u already have a farm out they will honor it(wink). So does that include these contracts that are waiting for migration?

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Comment by NFKRS17 on Feb 21, 2019 11:30pm

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Comment by Ebenizer3 on Feb 22, 2019 12:12am

Looks like it originally posted on Bloomberg site. I found it on oilandgas360.com

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Comment by Super_Cycle on Feb 22, 2019 2:57am

Pemex Farmout Link - Existing farmouts will proceed. - New tendser will only go to companies who show results. ROE is in - and showing results. Having called the company, I expect news soon that will settle the market concerns. Cheers.

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