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Sonde Resources Corp SOQDQ

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.


GREY:SOQDQ - Post by User

Post by ac0001on Mar 14, 2014 2:54pm
524 Views
Post# 22325150

SOQ better makes some cash, oyherwise...

SOQ better makes some cash, oyherwise...I give SOQ another two trimesters to get there act together. It starting to look like the infamous NIOCAN (NIO) ,10 years at 0.20$/sh. If it doen't execute , no matter the quality of the asset, this stock is going to zero. I bet they'll end up paying the 15M in penality to Tunisia because they dont know how to unlock the value of there asstes.

Result better be good, next annoucment...

ac0001
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