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

TSXV:SNV - Post by User

Sonoro Energy Ltd.

Bullboard Posts

Post by Tumbleweed67on Aug 28, 2010 1:30pm

390 Views

Post# 17392852

MD&A

Hard not to get encouraged (excited?) about where this is going IMO.

Subsequent Events

On August 11, 2010 the Company announced that Nasser Bin Jarallah joined the Board of Directors of Sonoro Energy Ltd. Mr. Nasser Bin Jarallah is an industrialist in the Middle East. He is the CEO and Vice President of the Bin Jarallah Group of Companies in Saudi Arabia. The Company anticipates that Mr. Nasser Bin Jarallah’s regional knowledge and influence is will be of assistance to the Company in its pursuit of Middle East and other international oil and gas resource opportunities.

Cash

Sonoro had cash of $2,320,013 at June 30, 2010.

Outlook

The Company is pursuing oil and gas resource opportunities in the Middle East and internationally. The Company plans to leverage its technology to acquire such resources. The Company is also constructing its first PetroSonic facility in Albania which continues and is expected to commence operations in the Fall of 2010. The joint venture partner, AlbNafta, continues to carry the costs in Albania. Additionally, the Company has recently decided to pursue continuous flow testing of its SonoAsh technology as a result of encouraging SonoAsh results.

TW