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.

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Sonoro Energy Ltd. > Waseca formation holds heavy oil

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Comment by ark88on Oct 23, 2023 3:09pm

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Post# 35696841

RE:Waseca formation holds heavy oil

Interesting. Hope we can get our straws into the ground before eveyone else sucks it dry???
Seriously though, Proton Techs business is based on exploiting depleted wells. We on the otherhand are drilling new wells. Is this atypical or is there more to the story.

StratCap wrote:
Oil drillers have applied for 81 licences to drill into the so-called Waseca formation so far this year, 30 more than in all of 2022. That’s the biggest increase in any oil and gas formation in the province this year, according to regulatory data.

https://financialpost.com/commodities/energy/oil-gas/alberta-oil-play-draws-drillers-greener-crude/wcm/58eb3e88-4e84-4b0b-ba24-53ef9ab99430/amp/