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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. The Company has drilled two wells in Saskatchewan. The Well 11-30-32-23 W3 was a vertical well and the Well 14-29-32-23 W3 was a Waseca formation multi-lateral horizontal well with four horizontal legs for a total lateral length of approximately 1,600 meters. The Company’s subsidiary, Sonoro Energy Canada Ltd.


TSXV:SNV - Post by User

Post by FabiusCunctatoron Jan 15, 2024 5:28am
253 Views
Post# 35826434

Selling at an End?

Selling at an End?I am hearing rumors that the selling was a party that had exercise their 5 cent warrants and needed to take the profit.  The sellingg pressure seen in the last few days trading should now ease.  I bet the short position has grown and any uptick will see them buying.  Should be an interesting week.  An update on the production after a week of cleanup would be useful and plans for the next wells.
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