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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

Post by RoyMax123on Feb 29, 2024 7:25am
74 Views
Post# 35905797

Rick interview 2023-11-20

Rick interview 2023-11-20
If you listen to that video from 3:45 to 5:00 Richard say that 
"For a junior company looking at international opportunities, it's very important to show that we have production, we have success, we have technology that we can deploy."
 
But just a few second later talk about annoncing something before year end or early 2024 which, he certainly know make no sence in term of timeline.
 
So, like I previously said  they are probably looking to sign an LOI/MOU (even if I don't like them) that will set the prerequisites for the deal to happen. (successfully drilling x number of well, demonstrating that they have increased oil recovery with that technology etc) 
 
So I think they can still announce something anytime but that won't be te deal by itself but a LOI or a MOU.
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