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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 Mar 13, 2022 10:31am
95 Views
Post# 34509900

RE:Management

RE:Management @Roddiggiti $4 million market cap on a gamble. Management has been trying for several months to alleviate this and having a dismal balance sheet doesn't help. Why they haven't rolled back and raised at least $2 million to cover their portion of the project is beyond me. World needs oil and gas right now, someone would give them the money, but terms have to be good. Rollbacks aren't great unless there's a plan in place. But at this point it's that or bust with these guys. Hopefully it works out for the investors here.
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