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Sonoro Energy Ltd. SNVFF


Primary Symbol: V.SNV

Sonoro Energy Ltd. is a Canada-based oil and gas company. The Company is focused on oil and gas exploration and production in Canada and abroad, including the Middle East/North Africa (MENA) region, southeast Asia, and southeast Europe. The Company holds a 70% working interest in a proven Waseca channel heavy oil resource fairway, which consists of 1,840-acre contiguous oil field located in the Western Canadian Sedimentary Basin, Saskatchewan, Canada. The Company’s subsidiary, Sonoro Energy Canada Ltd. (Sonoro Canada), conducts its operations in the Province of Saskatchewan.


TSXV:SNV - Post by User

Comment by StratCapon Dec 28, 2023 7:39pm
132 Views
Post# 35803366

RE:RE:RE:RE:Excellent Press Release

RE:RE:RE:RE:Excellent Press Release

IMHO, after reading the press releases, my feeling is that any MENA project will likely come after any production flow rates.  

Along those lines of thinking, is SNV in a better negotiating position after two or three flowing wells to show they have the know how to extract oil from a brown field?  Certainly the cash flow after 2 or 3 wells can open up different financing avenues that might not be as dilutive. 

We shall see how this all unfolds. First thing is first, lets get ALL of those warrants exercised as that will be a big show of support to Management's strategy going forward. 

GLTA.

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