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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 StratCapon Oct 30, 2023 4:45pm
112 Views
Post# 35708083

RE:RE:RE:RE:RE:RE:New Press Release - Sonoro Energy Ltd. to Resume Saskatchewan Drilling Program

RE:RE:RE:RE:RE:RE:New Press Release - Sonoro Energy Ltd. to Resume Saskatchewan Drilling Program

RoyMax123 wrote: The problem with MENA is that it will take a lot of money that we don't have.
And we still don't know if they have to wait after the 5th wells before making money.

As per that news, at 60 days between each well it will take a lot of time to drill the 5 first wells   

copperplay wrote:

StratCap wrote:

If the amended agreement was just freshly signed, I am assuming that they can now apply for the drilling licence. The October 30 soft and vague deadline has now come and gone. Good to see things moving forward finally.

Lets get the licence to drill approved and go from there. 

GLTA


 

and also land the MENA deal $




Roy, what do you think might happen to SNV share price if they announce a MENA deal?

We could be talking a 20,000 BOE/D monster.

What would happen if SNV acquires majority of a project then has a major farm-in that could provide SNV with a free ride? 

Lots of ways things can happen. I think its best to wait for these developments to take place before speculating on negative what ifs. 


GLTA

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