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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 yycblackgoldon May 02, 2020 11:14am
108 Views
Post# 30979306

RE:RE:SNV....Target price...

RE:RE:SNV....Target price...I certainly agree with this short term range , for sure would not recommend selling before reserve report comes out and hope by then add Budong!'  This would add another 30-40!  
copperplay wrote:
justin35 wrote: If everything goes to plan and executed.....Anytough about a Target price in short term ???



1) JOA or start of drilling and testing at the PSC - $0.20

2) Work Program - add $0.10

3) Reserve Reports due on or before June 14 - add $0.25

So short term if and when all these 3 miletsones are met $0.50 - $0.60 is my target up or down 10%.  YYC, Sly, Love, Ayu or MJB what do you think ?


Bullboard Posts