(Renaissance Oil Corp., 2.Oct.2018) — Renaissance Oil Corp. announced that Mexico’s president-elect, Andres Manuel Lopez Obrador, who will take office on December 1, 2018, assured private energy executives on September 27, 2018 that their contracts will not be canceled if they meet existing terms. During the meeting with AMEXHI, Mexico’s […]
Tag: Renaissance Oil Corp.
Renaissance Oil Reports 2Q:18 Results
(Renaissance Oil Corp., 27.Aug.2018) — Renaissance Oil Corp. reported second quarter 2018 results. All dollar figures are Canadian dollars, unless otherwise noted. SECOND QUARTER 2018 HIGHLIGHTS — Revenue in Q2 2018 reached a company record of $7.0 million, an increase of 40% compared with the previous quarter, and higher by […]
Renaissance Oil Advancing at Amatitlán block in Mexico
(Renaissance, 27.Aug.2018) — Renaissance Oil Corp. announced that in the second quarter of 2018 it saw continued oil field development with its partner LUKOIL, at the Amatitlán block in Veracruz, Mexico. During the quarter, six additional wells were drilled intersecting the shallow Tertiary aged Chicontepec formations. To date sixteen Chicontepec […]
Renaissance Approved to Develop Chiapas Blocks
(Renaissance Oil Corp. 9.Jul.2018) – Renaissance Oil Corp. received final authorizations from the relevant Mexican authorities to proceed with the development program on the company’s three 100% held producing properties in the state of Chiapas. This development program, designed to significantly enhance production along with the exploration of new formations, […]
Renaissance Says Pitepec Block Details Attractive
(Renaissance Oil Corp. 9.Jul.2018) – Renaissance Oil Corp. recently signed a Right of First Refusal (ROFR), for the Pitepec block, adjacent to the north of the Amatitlán block in the Tampico Misantla Basin. “As a result of our comprehensive analysis, the Pitepec block displays all of the attributes of a […]
Renaissance, Lukoil to Partner in Amatitlán Block
(Renaissance Oil Corp., 11.Jan.2017) – Renaissance Oil Corp. announced that PJSC LUKOIL, one of the world’s largest oil producers, has chosen Renaissance as their partner for the Integrated Exploration and Production Contract for the 230 km2 (56,800 acres) Amatitlán block, near Poza Rica, Veracruz, Mexico. Highlights — Renaissance acquires 25% […]