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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 thorgb1on Feb 28, 2024 9:09am
72 Views
Post# 35903411

RE:RE:RE:RE:RE:RE:RE:RE:Absolute garbage…

RE:RE:RE:RE:RE:RE:RE:RE:Absolute garbage…

The last NR on Feb 5th stated that the well would be back online within a week, has that happened? That would mean they are producing and putting oil in a tank for sale. Dec 27th NR said first sales in Jan, and an off take agreement. Did this happen? They have not hit one date that they set the expectation for so far. Pi$$ poor execution, and shareholders are paying the price with a stick languishing at 11 cents. Canada alone should have it over 20, and if this MENA pipe dream ever happens that's a bonus at this point.

This is material for a company at this stage. If it's not, at least keep us informed via social, like they did with the video showing oil flowing. 

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