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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
Post by Saskbergeron Mar 16, 2020 3:04pm
122 Views
Post# 30813910

The cure for low prices

The cure for low prices Typically the cure for low oil prices is low oil prices. This will crush US shale production in the next year and investments world wide in oil and gas projects. If Sonoro can push this 20 yr contract over the line they will be very attractive. We could very well see $100 oil again in a year or two. 
Bullboard Posts