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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 Sinlessbruteon Feb 10, 2020 10:55am
58 Views
Post# 30667616

RE:RE:RE:RE:SNV

RE:RE:RE:RE:SNVOpinion - i would say at a minimum 2 weeks possibly leading into late march - it will get done we just need to be patient.

It costs everytime they put out a news release, money which we have limited at the moment.  They could have used the warrants notice as an opportunity to update shareholders however they did not - the only statement made was:

The Corporation continues to progress on partnership developments and the work program for the Selat Panjang PSC in Indonesia. A full update on all project developments will be provided as soon as the Company has concluded on various aspects.

Everyone will speculate as they see fit, however i see this as a large news release is coming, however there are still a number of items (not just one) outstanding that SNV is waiting on.  Could be government, partner, etc - and things move slow in Indonesia as we have all observed.

If you combine this with the emails some of users here received from SNV(real or not..) - it makes sense that we are looking at a few weeks out, possibly leading into late March


Bullboard Posts