VANCOUVER, April 30, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V:ROE) reports its fourth quarter and full year 2017 results.  All dollar figures are Canadian dollars, unless otherwise noted.

FOURTH QUARTER HIGHLIGHTS

Improved production and sales prices resulted in a record level of quarterly revenue, $6.4 million, in the fourth quarter, an increase of 17% from the previous quarter, and 39% higher than in the fourth quarter of 2016;

Operating netbacks reached a record level of $745,851, in the fourth quarter, an increase of 9% from the previous quarter, and 136% higher than in

… Continue Reading

VANCOUVER, April 23, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: ROE) is pleased to announce that Eskandar Maleki has joined the board of directors of the Company.  Mr. Maleki has a strong track record of building successful global oil and gas companies, most notably, Tullow Oil PLC.  As an early strategic investor, board member and, for a time, the largest individual shareholder of Tullow, Mr. Maleki assisted the company’s corporate development as it grew into a leading independent oil and gas exploration and production company.

”Mr. Maleki, who became a major shareholder of Renaissance in … Continue Reading

VANCOUVER, March 13, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company“) (TSX-V: ROE) is pleased to announce, in conjunction with its partner, LUKOIL, the Company has finished drilling six wells of the approved 10 Chicontepec well appraisal program for the Amatitlán block:

The first two wells drilled, Amatitlán 1708 and 1649, both having intersected several thick Chicontepec sands, were fracture treated for gross stimulated sand thickness of 145 meters and 110 meters, respectively;

Amatitlán 1708 was placed on production approximately three weeks ago with the well currently producing 180 bbls/d of 100% 43° API light oil;

Amatitlán

… Continue Reading

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION THROUGH A U.S. NEWSWIRE SERVICE/

VANCOUVER, March 5, 2018 /CNW/ – Renaissance Oil Corp. (the “Company”) (TSX-V: ROE) is pleased to announce it has closed its previously announced private placement pursuant to an agency agreement dated March 5, 2018 (the “Agency Agreement”) between the Company and Haywood Securities Inc. (the “Lead Agent”), Paradigm Capital Inc., Beacon Securities Limited and Canaccord Genuity Corp. (together with the Lead Agent, the “Agents”) for 44,555,000 units (the “Units”) (including upon the partial exercise of the agents’ option) at a price of C$0.25 per Unit, … Continue Reading

/Not for Distribution in the United States or dissemination through a U.S. newswire service/

VANCOUVER, Feb. 16, 2018 /CNW/ – Renaissance Oil Corp. (the “Company”) (TSX-V: ROE) announces that, further to its February 14, 2018 news release with respect to the engagement of Haywood Securities Inc. (the “Lead Agent”), on behalf of a syndicate of agents which includes Beacon Securities Limited, Paradigm Capital Inc. and Canaccord Genuity Corp. (together with the Lead Agent, the “Agents”), in respect of a brokered private placement of units (the “Units”) of the Company (the “Offering”), the Agents have informed the Company that they … Continue Reading

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Feb. 14, 2018) –

NOT FOR DISTRIBUTION IN THE UNITED STATES OR DISSEMINATION THROUGH A U.S. NEWSWIRE SERVICE

Renaissance Oil Corp. (the “Company”) (TSX VENTURE:ROE) is pleased to announce that it has entered into an engagement letter with Haywood Securities Inc. on behalf of a syndicate of agents (the “Agents”) in respect of a brokered private placement of up to 40,000,000 units (the “Units”) at a price of C$0.25 per Unit, for aggregate gross proceeds of up to C$10,000,000 (the “Offering”). Each Unit will consist of one common share of the Company and one common share … Continue Reading

VANCOUVER, Dec. 14, 2017 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company“) (TSX-V: ROE) is pleased to announce, in conjunction with its partner, LUKOIL, the Company has made progress on the work program for the Amatitlán block in Veracruz, Mexico:

Completed the 5th workover, with a high stimulation recompletion of an up-hole Chicontepec interval;

Installed artificial lift system to the 5th workover where oil production is improving to 75% of volume; and

Drilling of Amatitlán 1649 is on schedule at 550 meters of 1,866 meters targeted total vertical depth.

Average production from the Company’s 100% owned and … Continue Reading

VANCOUVER, Dec. 11, 2017 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company“) (TSX-V: ROE) is pleased to announce, in conjunction with its partner, Lukoil, the Company has spud the first well of the drilling program, Amatitlán 1649, in Veracruz, Mexico.  The drilling program consists of:

Ten wells each targeting multiple Tertiary age Chicontepec sands; and

An unconventional shale well targeting the Upper Jurassic Pimienta formation.

Upon receiving final permits, the deeper Upper Jurassic shale well will be integrated into the Chicontepec drilling program.

The Amatitlán block, where operations are led by Renaissance, is an Integrated Exploration and … Continue Reading

VANCOUVER, Dec. 4, 2017 /CNW/ – Vancouver, BC – Renaissance Oil Corp. (the “Company“) (TSX-V: ROE) is pleased to announce it has completed its non-brokered private placement of 4 million units with certain members of its technical team, at a price of C$0.25 per unit for aggregate gross proceeds of C$1 million (the “Offering“). Each unit comprises one common share of the Company (a “Share“) and one Share purchase warrant (a “Warrant“), each Warrant exercisable to acquire one additional Share of the Company at a price of C$0.50 until December 4, 2022.

The proceeds, from the Offering, will … Continue Reading

VANCOUVER, Nov. 27, 2017 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V:ROE) reports its third quarter 2017 (“Q3 2017”) results. All dollar figures are Canadian dollars, unless otherwise noted.

HIGHLIGHTS

Crude oil production remained consistent and natural gas production increased by 8% in Q3 2017 compared with the previous quarter;

Revenues were $5,437,199 in Q3 2017 compared with $5,372,763 in the previous quarter, resulting from improvements in the sales prices of oil and gas;

Operating costs of $2.71 per boe in Q3 2017 decreased by 6% from 2.88 per boe in the previous quarter; and

In Q3

… Continue Reading

VANCOUVER, Nov. 27, 2017 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company“) (TSX-V: ROE) is pleased to announce the Comisión Nacional de Hidrocarburos (the “CNH”) has approved drilling permits for the Chicontepec multi well drilling program on the Amatitlán block in Veracruz, Mexico.  In conjunction with its partner Lukoil, Renaissance will conduct the following operations:

During the week of December 4th, 2017, mobilize Simmons Edeco Rig 836 to a multi-well drilling location and spud the first well, Amatitlán 1649, of the 10 well drilling campaign which will occur over the course of several months;

Each well

… Continue Reading

VANCOUVER, Nov. 14, 2017 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company“) (TSX-V: ROE) is pleased to announce, in conjunction with its partner, Lukoil, the Company has completed the fourth workover at the Amatitlán block in Veracruz, Mexico.  Completed operations are as follows:

Performed an organic solvent clean out of existing well perforations and a high stimulation recompletion of a lower Chicontepec interval;

The well initially flowed back over 750 bbls/d of stimulation fluid and crude oil (up to 40% oil cut), and 0.5 MMcf/d gas at 1,100 psi wellhead pressures;

The well was flow tested for

… Continue Reading