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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

Post by FabiusCunctatoron Jul 07, 2023 2:50am
171 Views
Post# 35530348

Destination IRAQ?

Destination IRAQ?

Sara Akkbar said this in an interview:

 

Kuwait Energy was the flag bearer for encouraging Kuwaiti companies to invest in Iraq, as we believe that the private sector plays a big role in developing economic relationships to create partnerships with our neighbours. Owing to the history between Kuwait and Iraq, we know this will take time, which is why we went to Iraq in 2006. Nonetheless, the benefits are clear: Iraq has excess gas and Kuwait needs extra gas, so developing this relationship is mutually beneficial. In fact, we have already secured two gas fields for Kuwait. The next challenge for us is how to bring that gas to Kuwait.

Is this the destination for SNV?  Seems possible. Iraq has huge petroleum resources and potenital -  but is far from the friendliest country.  If this is the case then the project could be immense.

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