Sonoro Energy Ltd. SNVFF

New Press Release - Sonoro Energy Ltd. First Oil Sales from Saskatchewan Well

(TheNewswire)This press release is not to be disseminated in the United StatesFebruary 29, 2024 – TheNewswire - Calgary, Alberta – Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV:SNV) is pleased to announce that first oil sales have been completed in Saskatchewan from our 14-29 well. Sonoro...read article.

[ark88]

Well there you have it. Feeding the never happy wanting immediate results crowd with crumbs. 

[copperplay]

Ok so lets revisit the conversation from yesterday. Now we have Oil production and sales which means the technology works.  According to you Ark88 this sets the stage for Mena to be announced? Or am I missing something?

[RoyMax123]

We still don't know how much it will produce, "Sonoro will define the prodction profile when it stabilizes"   How long did they were stopped ? let say 3 weeks. The production started on Jan 10th so 7 1/2 weeks. 2000 barrels for 7 1/2 weeks - 3 weeks give us just about 65 barrels / day which is not great. I think production will have to increase a lot to be considered

[copperplay]

Why did Ark88 go quiet now?  He was the one making these crazy claims defending management and lack of news and why MENA taking so long Today press either confirms his theory or completely de bunks it  Ark hello?  You started this time not me I am just shutting you down 

[ark88]

Sometimes news isn't better than no news. Why? Cause it's always about expectations. Folks will always error on the side of bigger, faster, better. Reality often fails to meet expectations. You can't change reality but you can change expectations.  The SP is the ultimate arbitor of where reality is on the expectation scale. My expectations are things are progressing. The SP will

[copperplay]

Oh now the share price will not firm up until production increases?  We traded at 23 cents back in October on no production just future expectations! Can't wait for the stock to start running Ark now that Canada is working and sales because according to you this is what was needed for Mena

[thorgb1]

  Remember it wasn't 7 weeks interrupted. The big question is when did the blowout occur and how long was it offline? I think most of this production is from the last couple of weeks. From everything I am hearing, expectations are still that this well will be 3-400 barrels a day. We should get a better understanding of daily production from next sales. This is good. For the first

[RoyMax123]

Yes, maybe they emptied the tanks when the freezing issue occurred. You're right that we'll know better about production on the next sale since we now have a good reference date. 

[copperplay]

The market was right again!!!

[copperplay]

  no news never good news better hope your Mena and Canada producing theory is real and next week fireworks because week after is Rhamadon and Canada Spring break for oil production