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Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Energy Oil & Gas E&P
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

Sonoro Energy Ltd. > More buyers then sellers, lets be positive!
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Comment by GeorgiaStreetEon Oct 25, 2021 4:46pm
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Post# 34047049

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:More buyers then sellers, lets be positive!
So then the partner is asking to avoid taking the shares because they'd further be tied to us, playing chicken on losing the whole thing, and offering nothing in return in negotiation. Our only option is to get paid fairly for what is ours, or cause the partner to lose their 75 percent when the government takes it all back. I hope management stays the course and demands fair value buyout or everyone loses the PSC -- partner included.
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