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Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Energy Oil & Gas E&P
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

Sonoro Energy Ltd. > SNV Forum
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Comment by ark88on Sep 29, 2022 1:04pm
75 Views
Post# 34995261

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SNV Forum

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:SNV Forum
StratCap wrote:

 

copperplay wrote: $2.2 million converted at 6 cents is 37 million shares 

 

 

Yes, thats a large incentive to The partner to help create value for SNV so that they participate in the upside in SNV and in their own ownership of the PSC. Thats the marriage I am hoping for.


Is it though? if SGE retains 51% ownership of the PSC, then why wouldn't they own 51% of SNV?
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