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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

Comment by StratCapon Oct 11, 2023 1:06pm
67 Views
Post# 35679012

RE:RE:RE:RE:RE:RE:RE:RE:RE:There's clearly no more deal here

RE:RE:RE:RE:RE:RE:RE:RE:RE:There's clearly no more deal here

RoyMax123 wrote: There was just one licence obtain on Sept 1st and cancelled on Sept 18th for the first well.
You probably saw 2 lines in the file but they have same licence ID, latitude/longitude and well ID

StratCap wrote: Both licences cancelled. If you have to get the survey team out to do Well No. 2, you might as well have them survey Well No.1 for horizontal. This is why both licences/permits might have been cancelled on September 18.

I just want to provide a somewhat plausible argument to the doom and gloom here.

The selling is being matched by buying.

GLTA



Ok thanks for clarifying that. But we know Well no. 2 was going horizontal as per the press release on September 13 and then the cancellation occurred on September 18.

Survey would be needed as part of the Well no. 2 licence application so might as well get both surveyed.

GLTA

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