VANCOUVER, June 11, 2019 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: ROE) (OTCQB: RNSFF) is pleased to announce that it has issued to a company wholly-owned by Pierre Lassonde 10 million common shares of the Company (the “Shares”) at a price of C$0.20 per Share for proceeds to the Company of C$2 million (the “Investment”).

The proceeds from the Investment will be used to acquire additional oil and gas rights in Mexico, fund capital expenditures and for general corporate purposes.

The Investment is subject to final acceptance by the TSX Venture Exchange. The Shares are … Continue Reading

VANCOUVER, May 1, 2019 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V:ROE / OTCQB: RNSFF) reports its fourth quarter and full year 2018 results.  All dollar figures are Canadian dollars, unless otherwise noted.

HIGHLIGHTS FOR THE FOURTH QUARTER & FULL-YEAR 2018

Revenue and operating netback in the fourth quarter of 2018 was $5.9 million and $0.2 million, respectively;

On the 60,000 acre Amatitlán block, Renaissance, with its partner LUKOIL, completed the 17 shallow well drilling program targeting the Chicontepec tight sand formations and additionally, drilled and cored a 3,550 meter well to evaluate important deeper zones;

… Continue Reading

VANCOUVER, March 6, 2019 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: ROE) (OTCQB: RNSFF) is pleased to announce that it has closed a non-brokered private placement (the “Offering”) of secured convertible debentures in the aggregate principal amount of C$5 million (the “Debentures”).

The Debentures have a term of five years, maturing on March 6, 2024 (the “Maturity Date”) and bear interest, payable on a quarterly basis at the Company’s option (i) in cash at a rate of 8% per annum; (ii) in kind at a rate of 10% per annum by the issuance of common shares … Continue Reading

VANCOUVER, Nov. 30, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V:ROE / OTCQB: RNSFF) reports its third quarter 2018 results. All dollar figures are Canadian dollars, unless otherwise noted.

THIRD QUARTER 2018 HIGHLIGHTS

Revenue and operating netback in the third quarter of 2018 reached Company records of $7.1 million and $0.8 million, respectively;

On the 60,000 acre Amatitlán block, Renaissance, with its partner LUKOIL, completed a 17 shallow well drilling program targeting the Chicontepec tight sand formations and additionally, spud a 3,550 meter well to evaluate important deeper zones, and;

Strong crude oil and natural

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VANCOUVER, Oct. 2, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: ROE) (OTCQB: RNSFF) is pleased to announce 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 association of oil and gas producers, which Renaissance is a member of, Mr. Lopez Obrador underlined the importance of the private sector’s participation in developing the oil and gas sector in Mexico and its important … Continue Reading

VANCOUVER, Aug. 27, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V:ROE / OTCQB: RNSFF) reports its 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 31% compared to Q2, 2017;

Production in Q2 2018 increased to 1,656 boe/d compared to 1,249 boe/d in the previous quarter and 1,552 boe/d in the second quarter of 2017;

Renaissance, in conjunction with its partner, LUKOIL, drilled six

… Continue Reading

VANCOUVER, July 9, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company“) (TSXV: ROE) (OTCQB: RNSFF) is pleased to announce it has now 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 (the “Chiapas Blocks”). This development program, designed to significantly enhance production along with the exploration of new formations, comprises:

Major work-overs on three existing wells, one at Malva and two at Topén;

Drilling up to four Cretaceous wells, two at Malva, one Mundo Nuevo and one at Topén;

… Continue Reading

VANCOUVER, May 23, 2018 /CNW/ – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V:ROE)(OTCQB: RNSFF) reports its first quarter 2018 results.  All dollar figures are Canadian dollars, unless otherwise noted.

FIRST QUARTER 2018 HIGHLIGHTS

Renaissance, in conjunction with its partner, LUKOIL, drilled six new wells targeting the shallow Chicontepec formations and completed workovers and repair operations on the final well of a six well restoration program;

The Company successfully negotiated land use agreements, with local land owners, at the three Chiapas properties, Mundo Nuevo, Topén and Malva, providing ongoing surface access for Renaissance to further its work programs;

… Continue Reading

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

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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