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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. > Valuation
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Comment by copperplayon Sep 08, 2023 7:16am
126 Views
Post# 35625601

RE:Valuation

RE:Valuation
Smoggy123 wrote:

Now that we have the reserve report, can any of the veteran folks on this board share how we would ballpark a future valuation for the company based on the oil reserves they've found? 

what general assumptions and multipliers are typically used in this industry?




$0.50 - $0.75 once drilling starts and cash flow in a few weeks.  This for the current Canadian project only

Speculation about the next project from MENA region and why the new board members joined Sonoro will drive the price higher
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