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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 copperplayon Jul 10, 2023 10:45am
133 Views
Post# 35533522

RE:RE:RE:RE:RE:RE:RE:Pending news

RE:RE:RE:RE:RE:RE:RE:Pending news

thorgb1 wrote: Changes the value of what? If ten RR is ready, it's material and must be released. If it's big, they can very easily debt finance this project. 

 

ask Dean I went through this last time with Selat they cannot show proven reserves until they start drilling or something along those lines

They need to raise $1.5 million right now don't you think if they had a report ready it would have been announced?  Now if they raise the money via a short term loan from an insider that is different but the way stock is trading will be a pp at 6.5 - 7.5 

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