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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 BCherbon Feb 05, 2021 9:15am
104 Views
Post# 32482287

RE:RE:Reserve Report

RE:RE:Reserve Report
copperplay wrote:
BCherb wrote:
Even though there was no timelines given on the work being preformed on the updated RR (November 20th Corporate Update), I am wishfully thinking mid February would be 90 some days that we are enlighten on this "realistic understanding of the potential"... I pushes my 'wishful' thinking a month because of covid, so that being said I should push it another month because it's Indonesia, and another month because it's SNV. Sooo mid April realistic? I am astonished the share price hasn't fell into the .03's



if it was any good you would have heard by now.  On to the next step


I was thinking, even if they were to release a good RR... could they even find a buyer if the partner refuses to move forward on anything? Clearly anyone invested would do enough DD to see how long this has taken and dig deeper into why. Unless they can buyout the whole works, but who knows if that is even legally possible with Indonesian connection that was required in the first place to get the deal.
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