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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. 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 legs for a total lateral length of approximately 1,600 meters. The Company’s subsidiary, Sonoro Energy Canada Ltd.


TSXV:SNV - Post by User

Bullboard Posts
Comment by Nikolaion Aug 26, 2009 11:35pm
551 Views
Post# 16253452

RE: Very Wise Choice for new CEO !!!

RE: Very Wise Choice for new CEO !!!Yes, caught that one too, quality management is much appreciated.

I've mentioned SNV about a month ago on the EQST board and raise this here for general awareness as there do not appear to be many outfits deploying such technology on small scale. Energy Quest also looking to pilot a 1,000bpd upgrader in Alberta. The charts for the two companies are not that unalike, depending on timeframe, although SNV is pulling ahead the past 3 months in terms of appreciation & liquidity, hence is more predictable and looks set for a good run.


EQST post:

https://finance.yahoo.com/news/Energy-Quest-Signs-Definitive-iw-4098057931.html?x=0&.v=1

There's another outfit trading under ticker SNV.V that is builing a 1000bpd 'sonic' upgrader in Alberta. SNV has far more shares o/s (approx. 65 million, maybe 75 million with the recent WT exercise), but they do seem to have some well connected strategic parnters. EQST has approx. 10 million o/s shares but remains illiquid. Liquidity would no doubt improve upon delivery/completion of the 1000bpd upgrader. A completion date would be helpful.
Bullboard Posts