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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 Jul 27, 2020 9:18am
105 Views
Post# 31323006

RE:RE:RE:Reason for delay........

RE:RE:RE:Reason for delay........It does not become material until the offer is accepted, they could also be seeking other offers or in the process of negotiations...

RoyMax123 wrote: MJ,

If SNV had received an offer it's a material event and  has to be made public no ? 

Also, if that was the case I would suspect high volume and increase in SP (because everybody have friends and family if you know what I mean)

So, I doubt that they have received any offer, at most they may be in discussion with a potential buyer IMO

Anyway, I'm in SNV since the Budong sh1t and I just hope we hear something positive soon.

R.

MJB4231 wrote: Copper... Let's discuss this post by YYC. I read and re read this and discussed with others. It appears the jist or his theory is that potentially a competitor with assets next to Selat may a have made an offer to buy out Sonoros interest... Hence the ACQUISITIONS & MERGERS comment. I would imagine Menara would have first right to match and offer made. Again this is how I read it and it's very interesting. It could very well explain our long delay. Please anyone share your thoughts on this




Bullboard Posts