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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 SMlachakeon Jul 25, 2022 11:44am
75 Views
Post# 34848200

RE:RE:RE:RE:Weird.

RE:RE:RE:RE:Weird. You have to recall, they agreed on providing 51-101 already (I beleive existing warranties will cover this cost). That would trigger increase in their stake and JOA. The partners have already started workover on suspended wells. Again, that is ongoing with current financial status. Which means flowing barrels by Q4(date that was officially stated so it could be earlier). Looking at all these, I don't see why raising funds is the game stopper. Funds are needed and will be raised, but I expect it after these events. My opinion here as well, happy to be corrected.
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