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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 Goldy63on Aug 11, 2022 11:55am
107 Views
Post# 34888514

RE:RE:RE:October

RE:RE:RE:October
MJB4231 wrote: Basing my opinion on carefully reading last NR. A certified stamped Reserve to be compliant & stamped requires production of even a single barrel of oil. The RR either being redone completely by a "Top tier" company or amended from last report I am uncertain of which. Based on certification requirements it's logical to not release a reserve report until production which was stated in last NR as Q4 production. Can they deliver earlier on production... Absolutely. Too be crystal clear this is my opinion ONLY and haven't heard anything from company....its opinion from connecting the dots of previous and recent updates. As far as RR certification requirements I am 100% certain on this
So you are sure about the requirements but not the timelines fair enough . This is where the lines blur . Prevoius RR tweaked or a new one . Same company so seemless and one would thing faster to produce or a new one starting from scatch or perhaps working with the last RR. As for producing a barrel of Oil that could be the reason both the Patner and SNV are in the field . Dust the rust off the infrastructure and get the oil flowing again . Ths for the info . Appreciated .

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