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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 martindaleon Sep 30, 2022 11:29am
92 Views
Post# 34997588

RE:RE:RE:SGE

RE:RE:RE:SGE
Hcgfllkp wrote: 2 years ago, SNV was designated operator of the project. Now SGE is the operator. It would seem whatever value SNV brought to the project has been diminshed.


i believe after looking at the release the way it is worded has confused a few people, JMO but, my take is that Sonoro is the operator on the selat field or what ever was designated in the original deal but the Baku field wasn’t part of the deal so SGE is the operator of that field, and likely getting advice from SNV, again just my take on it...

In addition, SGE, as project operator, have advised that they have initiated the work towards a series of workover and well interventions on three wells on the previously suspended Bakau field at Selat Panjang. The operations are scheduled to take place in the fourth quarter of 2022. These independent operations are not part of the committed Work Program established in 2019 under the PSC.

GLTA Invested! 
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