BRIEF-Renaissance Oil signs license contracts, enters bond agreements

Fri May 13, 2016 9:17am EDT
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May 13 (Reuters) - Renaissance Oil Corp

* Executed 25-year license contracts with Comisión Nacional De Hidrocarburos for Mundo Nuevo , Topén and Malva blocks

* Says operations of these permits will be transferred from Petróleos Mexicanos to company

* Says expects majority of development activities of minimum work programs will be conducted in 2017

* Renaissance announces signing of three license contracts and enters into surety bond agreements Source text for Eikon: Further company coverage: