Equity.Guru podcast: Renaissance Oil (ROE.V) partners with Russian giant in Mexico
EQUITY.GURU podcast - Investing for millennials and madmen

Equity.Guru podcast: Renaissance Oil (ROE.V) partners with Russian giant in Mexico

2019-06-13
Renaissance Oil (ROE.V) is developing a diversified shale and mature fields portfolio in Mexico.  The timing is fortuitous. For 80 years, Mexico’s state-owned PEMEX was the only energy operator in Mexico. The country’s oil production fell for 15 years, declining from 3.4 million barrels a day (mb/d) in 2005 to 1.9 million (mb/d) now. PEMEX lacks the technology and capital to unlock the value of shale.  It requires modern techniques to stimulate the gas bearing zones.  Pemex is now collab...
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