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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 ark88on Oct 12, 2022 3:02pm
96 Views
Post# 35020336

RE:Old saying

RE:Old saying
MJB4231 wrote: If SNV strategy is bringing SGE into SNV ownership . .. "Keeping your friends close and enemies closer"... It's fukn brilliant and secures us without need of a JOA

Old:
...SNV will get 24% additional ownership of PSC after completion of project milestones.

New:
...will transfer a TO BE DETERMINED additional ownership position in the Selat Panjang PSC for a  commiserate equity position in Sonoro.

I will take commiserate as meaning commensurate as in corresponding in size or degree; in proportion. 
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