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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 AyuFanon Jul 11, 2020 1:22am
108 Views
Post# 31254763

RE:RE:RE:RE:RE:Somethings Gotta Give.

RE:RE:RE:RE:RE:Somethings Gotta Give.
in this partnership , the JOA is the soul. The company can't make any move until JOA is signed. SNV's partner is not signing it (or whatever reason causing JOA not signed).. we are dead in water until any positive news can come out. Draw your own conclusion to see where this company is heading.
I sold all my shares now at 10c awhile ago.. my gut feeling is that the earliest... If lucky, JOA will be signed afterbfirst year operation.. the SNV will need to raise massive amount of money for 2nd year. That will be the most optimistic outlook.
Bullboard Posts