Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 martindaleon Jan 11, 2024 9:54am
95 Views
Post# 35821182

RE:SNV.V's Plan: 5 Canadian Wells (The Math)

RE:SNV.V's Plan: 5 Canadian Wells (The Math)
Mog7546 wrote: 2000 barrels a day @ $71.39 over 30 days = $4,283,400.00 monthly per well

Mid-term with 5 operational wells = $21,417,000.00 monthly
not to be a stick in the mud Mog but, Canadian oil is not $71. WCS is presently $50.77 , also you need to consider that Sonoro only owns 70% of the oil produced, also keep in mind that out of the gross price of oil Soros profit before taxes etc is about $18 per barrel. 
Here is a good resource to follow the price of different oils, eg canadian vs Mid East etc.
https://oilprice.com/oil-price-charts/#prices

<< Previous
Bullboard Posts
Next >>