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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. > Rumor going around.....
View:
Post by Ebenizer3 on Jan 25, 2020 11:26am

Rumor going around.....

Lukoil looking to get out of mexico.in talks with talo's. Maybe reo can buyout option from lukoil and hav amatilan all to them selves
Comment by Dave4444 on Jan 25, 2020 5:11pm
yes, better to own 100% of something that is going nowhere than just a portion of it. Honestly ROE has great potential, BUT I think the Mexican government needs to feel a lot more pain on the oil and gas front before they are going to be willing to make the needed decisions to move forward.  Pemex keeps losing production and failing to meet targets, but the Mexican pride is at issue and they ...more  
Comment by NFKRS17 on Jan 27, 2020 3:29pm
This post has been removed in accordance with Community Policy
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