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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

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Post by Ethnolon Aug 12, 2010 10:19pm
404 Views
Post# 17347205

Why BIN JARALLAH read this

Why BIN JARALLAH read thisAbout Bin Jarallah Group The Bin Jarallah Group of Companies is a diversified Saudi building and construction contractor, with a large experience of transport infrastructure and utilities projects. The Group was founded in 1976 by Mr. Mohammad Naser Jarallah and has its head office in Ryadh, with branches in various cities of the country.

Sonoro Energy has now a strategic opportunity to enter the Middle East's, and in particular Saudi Arabia's, thriving markets. The  location provides access to international sea lanes through the Persian Gulf as well as proximity to energy sources. Get to have a relationship with Saudi Aramco, who may become one of the key customers of Sonoro.

 

Quick Facts About Saudi Aramco 

  • Type of company: fully integrated global petroleum enterprise.
  • Missions: exploration & producing, refining, petrochemicals, distribution, shipping, marketing.
  • No. 1 in the world in the following:
    • Crude oil reserves: 259.9 billion barrels as of year-end 2008.
    • Crude oil production: 3.26 billion barrels in 2008.
    • Crude oil exports: 2.5 billion barrels in 2008.
    • Natural gas liquids (NGL) exports: 283.9 million barrels in 2008.
  • Discoverer and producer of world's largest oil field: Ghawar Field, Eastern Province, Saudi Arabia.
  • Discoverer and producer of world's largest offshore oil field: Safaniya Field, Arabian Gulf.
  • No. 4 in world gas reserves: 263 trillion cubic feet as of year-end 2008.
  • No. 10 in worldwide refining capacity according to Oil & Gas Journal: 3.64 million bpd in 2008
    • 1.49 million bpd at domestic refineries (including 50 percent share of SAMREF and SASREF and 37.5 percent of Petro Rabigh)
    • 2.15 million bpd at international equity and joint venture refineries
  • Owns and operates one of the world's largest tanker fleets.
  • Number of employees: about 54,441 (47,502 Saudi and 6,639 Expatriate).
  • Headquarters: Dhahran, Saudi Arabia.
  • Ownership: 100% owned by Saudi Arabian Government.
  • Affiliates, joint ventures and subsidiary offices in China, Egypt, Japan, Malaysia, Netherlands, Republic of Korea, Singapore, United Arab Emirates, United Kingdom and United States.
  • No. 1 oil company in the world for the 20th straight year, according to Petroleum Intelligence Weekly.
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