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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 copperplayon Oct 25, 2021 11:14am
104 Views
Post# 34044932

RE:RE:RE:RE:More buyers then sellers, lets be positive!

RE:RE:RE:RE:More buyers then sellers, lets be positive!

ark88 wrote: As I said, the best option for SNV at this point is to accept a buyout offer from SGE. In the meantime, SNV has to play hardball, top up the treasury and prepare for a long fight.
The 5 year, $74 million commitment of the PSC is a ticking bomb that plays into SNVs hands.
SGE could lose it all if this drags out. So what is the price for SNV to walk?

 

are you assuming this or speak to Dean?  As far as I know it's over time to move on and announce new business...surprised it's not announce today 

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