Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 babyofbullionon Oct 10, 2021 12:45pm
252 Views
Post# 33993448

RE:RE:RE:Last NR

RE:RE:RE:Last NR

Yes if one wanted to read the NR negatively it could be perceived that Sonoro believe that the government understand its "not their fault" but will throw the baby out with the bath water and revoke the license from the partnership.

Sonoro management may see this coming and are exploring alternatives. The fact they say they are still looking at Indonesia as an option would suggest my negative theory of them being burned by the government is wrong so it's very hard to say how this will end up. 

Maybe they lose the license but will be given something elsewhere to keep them happy. 

<< Previous
Bullboard Posts
Next >>