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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. > What’s happening and why
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Comment by StratCapon Oct 06, 2023 3:34pm
76 Views
Post# 35673793

RE:RE:What’s happening and why

RE:RE:What’s happening and why

SlyFox1 wrote: Personally suspect it's a change from vertical to horizontal drilling plans. Believe initial license was for vertical. Could see them cancelling as many others in the area do horizontal due to better yield and longer life (though sure you know that).

The pivot to horizontals would be welcomed by all stakeholders including the land owners. 

GLTA.

 

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