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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 martindaleon Jan 05, 2022 12:59pm
119 Views
Post# 34285762

RE:RE:2022

RE:RE:2022I believe my point was that we were given this opportunity because of the revoking of budong, unfortunately our partner has not been agreeable to moving this project forward for whatever reason, Sonoro for their part has fulfilled its obligations to the best of our knowledge. Are the new managers looking for a new partner for us ? No idea.. is there some workings going on to shift or revoke our 25%, again no idea.. resolution seems unlikely with the present partner and them not showing up at a meeting they were told they must attend doesn’t bode well for them either.. so if I were to make a guess buying Sonoro out would be an option or the indo gov could do as before and slip us another gimme.. the present share price is only indicative of what we do know.. news changes everything.. Indo needs oil and have for the month of January at minimum they are not exporting any coal to support its energy needs.. Indo supplies 69% of the world’s coal exports.. I have to think there is a lot of pressure to get this field up and running, as long as we haven’t been kicked I think anything is possible... JMO GLT all Invested.
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