Bullboard - Stock Discussion Forum Sonoro Energy Ltd. V.SNV

Alternate Symbol(s): SNVFF

Energy Oil & Gas E&P

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... see more

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Comment by RoyMax123on Jun 04, 2024 1:40pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:MOU

Ok, here something to dream about (but it's probably just a dream) teetznazz maybe into something poiting out the following quote from the NR "The Company does not expect any new insiders to ...more

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Comment by SlyFox1on Jun 04, 2024 1:27pm

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Hopefully they can start by telling the market which of the 20+ MENA region countries they will be operating in

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Comment by RoyMax123on Jun 04, 2024 1:13pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:MOU

I presume most of your questions (but probably not all) will be answer if / when they close the deal, From the NR "Sonoro will announce additional details regarding the Proposed ...more

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Comment by copperplayon Jun 04, 2024 1:09pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:MOU

Excellent post teetznazz i think this company MenaCo and getting SNV stock at 12 cents will drastically change the value as they too will have a vested interest to see the stock go up and sell out ...more

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Comment by teetznazzon Jun 04, 2024 12:56pm

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What's everyone's take on this part of the news release? After giving effect to the Proposed Transaction, it is expected that the MENACo shareholders will collectively hold 15.2 ...more

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Comment by ark88on Jun 04, 2024 11:47am

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You're reading the news wrong. - MENAco is an existing company in the UAE - There is no mention of SNV insiders being part of MENAco - MENAco is a "local" company as in located in ...more

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Comment by thorgb1on Jun 04, 2024 11:37am

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I assume all SNV insiders are involved in MENAco......question is why was it spun out and why was the contract not awarded to Sonoro directly? Why isn't MENAco a local operating company, 100% or ...more

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Comment by MJB4231on Jun 04, 2024 11:33am

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Jmo but if she's not directly involved then I would say her contacts would be a huge value in putting this together incl Wads contacts. That would be a great thing to be added in a NR as a mention ...more

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Comment by SlyFox1on Jun 04, 2024 11:24am

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Why does everyone think Sara is so involved? what am I missing. She is just a BOD member

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Comment by ark88on Jun 04, 2024 10:54am

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I agree. It's natural and consistent. Who here thinks Sara is involved in MENAco?

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Comment by RoyMax123on Jun 04, 2024 10:34am

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I doubt that we'll see all the details of the final agreement considering the fact that we don't know much of the details in Sask.

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Comment by ark88on Jun 04, 2024 10:14am

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Should've added this to the post...... Dean implied that the "hold up" was with the national oil company. This MOU suggests that the national oil company has now given their consent ...more

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Comment by ark88on Jun 04, 2024 10:04am

RE:RE:MOU

I think the agreement will come sooner than expected. Back in late 2023, Dean alluded to the slow pace of approvals dealing with a national oil company. We now know the agreement to be completed is ...more

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