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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. > Patience Pays
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Comment by copperplayon Jun 09, 2023 8:22am
85 Views
Post# 35488103

RE:RE:RE:Patience Pays

RE:RE:RE:Patience Pays
thorgb1 wrote: Assuming they will debt finance the initial wells, so would have to think a reserve report would be needed for this. Assuming that is what is needed by June 15th to close the farm-in agreement, we might get:

1. Closure of farm-in agreement;
2. Reserve report and Confirmation of well financing;
3. Reinstatement to main board 

in the next news release, which would be very, very good.

GLTA, hopefully this one finally delivers for us.





All 3 of these points are material and add value to the stock price 
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