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Bullboard - Stock Discussion Forum 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 Discussion

Renaissance Oil Corp. > Another 500 million barrel on shore find
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Post by minigoon on Dec 07, 2019 1:52pm

Another 500 million barrel on shore find

Mexico anounces another half billion barrel descovery on shore yesturday, my opinion, don't humiliate Mexico like the Talos find in there own back yard, so I'm okay with they publicly say they find it, now Renneisance go produce it, thus the change in negotiations stratigy, now can they close the deal with all the homework Renneisance has done, they have done everything asked of them so far.
Comment by Ebenizer3 on Dec 07, 2019 4:16pm
amlo is desperate, what's the breakdown on the 3P reserves? 500,000 1P, 500,000 2P and 499,000 mil 3P. And to get to 69,000 bbls a day by 2020 must be using every rig in Mexico. Question is why would you want to do business with people who don't have any money and wouldn't pay you if they did. A country run by thug's.
Comment by NFKRS17 on Dec 08, 2019 7:29am
This post has been removed in accordance with Community Policy
Comment by crude on Dec 08, 2019 3:27pm
AMLO is passing US gas - The US anti frac team is all over mexico and so are the US pipelines and increasing volumes of US gas - looks like a second paycheck from TRUMP for AMLO - and the people pay
Comment by ogod00 on Dec 13, 2019 7:14am
gas prices in mexico to homes have gone up by close to 30 percent in a year, why gasoline would cost 4.8 us a gallon when it costs 2.20 north of the border and pemex still manages to lose money is a tribute to the efficency of the thieves at the top of pemex
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