Renaissance Oil Cleared For Development On Chiapas Blocks and Acquires Right Of First Refusal On Shale Lands

On behalf of the Board of Directors, RENAISSANCE CLEARED FOR DEVELOPMENT ON CHIAPAS BLOCKS AND ACQUIRES RIGHT OF FIRST REFUSAL ON SHALE LANDS July 9, 2018 – Vancouver, BC – Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: 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: 1) Major work-overs on three existing wells, one at Malva and two at Topén; 2) Drilling up to four Cretaceous wells, two at Malva, one Mundo Nuevo and one at Topén; and 3) Extensive coring in new zones of interest across the Chiapas Blocks. Major work-overs are scheduled to commence in August 2018.  The wells are tied into the existing … Continue reading