Details

RENASCENT ENERGY - A technology-focused energy company
- Emphasizing re-development of shale assets with significant upside via existing well re-entries using a combination of novel proprietary and fully proven technology no drilling and no fracking/re-fracking

Development Stage Company
- Renascent Energy was formed in 2018
- Personnel spun off from a Warburg Pincus backed oil and gas company plus a former Shell/Texaco EOR top specialist and a top shale production optimization specialist
- Exclusive contract with Premier EOR Consultancy Company for technology and field operations support
- US Patent pending
- Currently in Phase One – Production Optimization (pending already actionable acquisitions) and initial EOR optimization process wells with targeted criteria

Looking to raise $10-20 MM for Phase 1 EOR conversions

- Convert lowest NPV wells into EOR producers to maximize value
- Lowest carbon footprint
- Additional income as ORRI and tech support for patent and know-how licensing to 3rd party operators

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