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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. As quoted in the press release: Completed the 5th workover, with a high stimulation recompletion of an up-hole Chicontepec interval; Installed artificial lift system …
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.
As quoted in the press release:
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.
