Sonde Resources Corp SOQDQ

Energy Oil & Gas E&P

Sonde Resources Corp. (Sonde) is engaged in the exploration for, and acquisition, development and production of, petroleum and natural gas with operations in Western Canada and North Africa. On June 23, 2011, the Company sold its interests in Block 5(c) and the assumption of certain liabilities in respect of the MG Block through the Niko Sale Agreement. On September 23, 2011, the Company acquired a block of producing and non-producing assets in Drumheller from a third party, which includes the bulk of producing interests in the Mannville I oil pool. On January 1, 2012, the Company amalgamated Seeker Petroleum Ltd., Challenger Energy Corp. and Sonde Resources Trinidad and Tobago Ltd. into Sonde Resources Corp. On February 8, 2012, the Company completed the sale of 26,240 gross undeveloped acres (24,383 net acres) in its Kaybob Duvernay play in Alberta.

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Sonde Resources Corp

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Post by RockLobster1on Jan 07, 2011 7:27am

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Tunisia getting hot?

I hold a good amount of this and WIX, which is about to report on results in Tunisia... there was a large sale of assets in Tunisia recently and that may have people repricing up these holdings. Just seems to be getting some attention now. Also the focus here with cash seems to have been a catalyst.
We have a bid now at 4.25... the very long time stuck about 3 dollars has built up a lot of pressure IMO... this could get interesting. With our Cdn holdings as well I like the risk reward on this one.

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Advancing flagship Ishkõday Gold Project in Ontario