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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. 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

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Post by BCherbon May 07, 2019 5:59am
63 Views
Post# 29718154

Sonoro Energy Ltd - PT Menara Global Energi.

Sonoro Energy Ltd - PT Menara Global Energi.
Merdeka.com - The Ministry of Energy and Mineral Resources (EMR) announced the winner of the auction two blocks or working area of oil and gas ( oil ) phase I in 2019. The auction conducted by Regular auction mechanism which was held on February 25, 2019 until April 25 2019. Deputy Minister of Energy and Mineral Resources (ESDM) Arcandra Tahar said, from this auction, the Ministry of Energy and Mineral Resources auctioned five Conventional Oil and Gas WKs, consisting of three Exploration WKs, the Anambas WK, West Ganal WK, and WA West Kaimana, and two Production WKs Long Strait WK and West Kampar WK. Of the five oil and gas blocks auctioned, only two oil and gas blocks have been determined by the winner. He also mentioned the auction winner of the oil and gas block, namely Blok Anambas with the winning contractor Kufpec Regional Ventures (Indonesia) Limited and Selat Panjang with the winner contractor of the Consortium Sonoro Energy Ltd - PT Menara Global Energi. "Of the five WK, 3 exploration 2 production," said Arcandra, at the Ministry of Energy and Mineral Resources Office, Jakarta , Tuesday (7/5). The investment value of the exact commitments of the two oil and gas blocks is USD 109.2 million and the total signature bonus is USD 7.5 million. While the 3 three oil and gas blocks that do not sell become Available Work Areas and will be offered again during the next WK Migas offer period. Arcandra said, up to the deadline for submitting Participatory Documents, which is on April 25, 2019, there are seven Participation Documents for four WKs, then the Opening and Examination and Final Assessment are conducted by the Bid Team to provide a winning recommendation. "Furthermore, through the Director General of Oil and Gas Decree on behalf of the Minister of ESDM Number: 0116.K / 13 / DJM.E / 2019 dated May 6, 2019, the winner of the 2019 Phase I Oil and Gas Working Area has been determined," he said. Reporter: Pebrianto Eko Wicksono Source: Liputan6 Read also: Oil and Gas Field Off North Coast of West Java Produces 4,000 Barrels of Oil Per Day SKK Migas Denies Shell Will Resign from Oil and Gas Project Masela DPR Member Appreciates Pertamina Continues to Increase Domestic Oil Uptake Oil Prices in Asia Fall After Trump Announces Increase in Tariffs for Chinese Products Contributing Rp 7 , 46 Trillion, Pertamina EP is the Biggest Second Oil and Gas Tax Contributor in 2018 ESDM Supports the Acceleration of Repsol Oil and Gas Production in Sakakemang Block Arcandra Reveals Reasons for RI Oil and Gas Block to be Glanced by Investors
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