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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 Aug 02, 2022 3:23pm
144 Views
Post# 34866465

RE:RE:Predictions

RE:RE:PredictionsThe fact that they started work on the field and then called SNV for a meeting shows they came to full realization that their hands were tied and were only loosing money and/or time. And as you said Martin, probably got heat from regulators for the revenue loss to the state as well. They did not do it out of charity. As well Kirk taking over the job, he must have believed the issues can be resolved and value unlocked, new partners coming aboard, they could not board a sinking ship, all great positive signals and from there, it's just patience being tested.
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