RENDATO's Rumsey Oil & Gas Field
In 2007, RENDATO acquired the exploration rights for the Rumsey Oil Field, situated 30 miles south of Owensboro, McClean County, Kentucky, USA, in the heart of the Illinois basin. An 800 acre plot which, according to a survey at hand from 2003, has significant quantities of oil and natural gas.
moreThe oil market, a market in upheaval
Different studies have shown that global oil production quantities are already on the decline. There are hardly any resources left to be tapped.
moreThings to know about oil prices and trading of oil
Crude oil is still the most important energy source and covers more than 35 % of the global primary energy consumption. But the reserves of that fossil raw material are limited. Since 30 years the worldwide oil consumption has been higher than the discovery of new deposits. Therefore it is foreseeable that ...
moreThe RENDATO Strategy
The strategy of the RENDATO Corp. is to invest in oil & gas fields that were abandoned decades ago because of low oil prices and which are now highly profitable as a result of the constant increase in oil prices.
moreFacts about oil
Crude Oil is probably the most important commodity of our modern industrial society. It commands a prominent role for generating electricity or as fuel for almost all means of transport and traffic. In addition, Crude Oil is nearly indispensable in the chemical industry, for example at the creation of plastics.
Sitemap|Investor Relations|Impressum
Copyright © 2006-2008 Rendato Corp.