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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 StratCapon Apr 13, 2022 5:17pm
110 Views
Post# 34601909

RE:RE:RE:RE:Convertible Debenture with Menara

RE:RE:RE:RE:Convertible Debenture with Menara

MJB4231 wrote: Just boggles the mind that we owe money (Debt) on a project about nothing! FA has been done... Maybe a road

 

I might be mistaken but part of (or all of it) the convertible debenture was SNV's portion of the signing of the PSC. Menara paid the signature bonus and SNV issued the debenture to Menara for their portion.

The loan amount of $326,000 owed to Menara is something seperate with no details... maybe for the road.

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