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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

Comment by SlyFox1on Dec 15, 2020 11:05am
314 Views
Post# 32108676

RE:Question

RE:QuestionGreat points. The one thing we do know is that all first year obligations have been meet, which is a great security to know that things are still on track (even if slightly delayed due to covid as all other business is). Do recall that once the block was initally awarded, there was a statement saying that production would not commence till Q1 2021. This still hasn't past, this company is severly undervalued based on the asset that we have. Look at the companies in the region around us, and the number of barrels they produce daily. 

Frustrating that things haven't progressed faster... of course. Are we behind or missing deadlines on production based on what was originally stated... not that i am aware of. 

And let's not forget the region that we are in and the potential of Selat, this is why I am here and I am sure many other are

https://cmi-capital.com/blog/sonoro-energy-wins-selat-panjang-psc-tender-in-the-central-sumatran-basin/
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