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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 MyHoneyPoton Apr 18, 2024 8:52am
83 Views
Post# 35995494

Annual Meeting

Annual MeetingI am not sure which of my friends here we able to attend the annual meeting for Kelt. 

I was in attendance, by had to leave in the middle of the meeting to deal with some business. 

What i did hear was that they are currently esentially debt free, we will get the numbers in a few weeks in the earning results, before May 9,2024.

We also heard they were going to go hard at Oak, and i believe that have more plant coming on in April, and they feel towards the end of the year gas prices will get better for a period of time with LNG Canada coming online. Kelt feels that station 2 may become one of the best places to unload gas. 

Like i said i was unable to hear what David Wilson had to say, but they did say when all their gas plants come on they will be producing 66,000 boe/day. Asuming their current same ratio's.

I have asked Kelt to post a link to the anual meeting if possible, as i missed half of it. 

Maybe there are some other highlights that people picked up on that they could share. 

IMHO
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