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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 ark88on Jul 20, 2022 1:20pm
105 Views
Post# 34837687

RE:RE:RE:RE:RE:RE:RE:RE:Shareholder Value

RE:RE:RE:RE:RE:RE:RE:RE:Shareholder ValueI agree. The re-engagement appears to have been in the works for longer than publically acknowledged.

Some more random thoughts on this.
June 17th "SESSION" (not a meeting) is where they issued a MoU. This implies they've been engaged prior and arrived for the session already with the MoU in hand to be executed.

The shareprice and volume made significant upward movements during the week prior to the session, June 7-10. This coincides with talk on the street of management being in Indonesia.

Is the JoA already completed and we're just waiting for the lawyers to do their thing?
OR
Maybe either a JoA or a workplan, something has been submitted to SKK MIGAS for sign-off?

Volume has always preceeded news for SNV and I have no reason to doubt that that won't happen with the next news release. GLTA!



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