Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 StratCapon Oct 11, 2023 12:16pm
90 Views
Post# 35678877

RE:RE:RE:RE:RE:RE:There's clearly no more deal here

RE:RE:RE:RE:RE:RE:There's clearly no more deal here

With the pivot to horizontal drilled wells and the increased costs of those type of wells, how do you guys know that it is not SNV wanting to renegotiate the deal for a bigger piece or cost recovery?


If in fact there is any renegotiation taking place,  we know one thing for certain and that is well no. 2 was changed to horizontal but the licence/permit as displayed on the saskatchewan website from September 1 was for a vertical well that was subsequently cancelled on September 18.

GLTA.

<< Previous
Bullboard Posts
Next >>