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Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

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

Bullboard Posts
Comment by howdy1on Jan 16, 2013 1:36am
222 Views
Post# 20843398

RE: RE: RE: RE: Petrosonic valuation vs Sonoro

RE: RE: RE: RE: Petrosonic valuation vs Sonoro

This heavy oil upgrading story has been around SNV for many years.  However, it has never played out or demonstrated commercial success.  Now it is being played in the pump and dump world of OTC promotion.  

 

I wish this was a true metric.  But it really isn't.  If and when heavy oil is extracted from Iraq, this technology has been retained by SNV for its' use there--potentially significantly adding value.  

 

All we need to do now is find oil and extract it!!  Enough process.  Get the drill working.

Bullboard Posts