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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 ark88on Jan 19, 2024 11:23am
185 Views
Post# 35835940

RE:RE:RE:RE:RE:RE:RE:RE:RE:Spidey sense

RE:RE:RE:RE:RE:RE:RE:RE:RE:Spidey sense
MJB4231 wrote: We really gotta be very very close to hearing about MENA project. I'm sure we get well 2 numbers and possibly well 3 plan. Timeline for hearing about MENA should be this month and we near the end of it. There was so much enthusiasm and anticipation for Christmas announcement as per interviews. Next week I feel could be the start of our real TRANSFORMATION. Good buying today on FOMO 

I don't get what you get in "...gotta be very very close...".

Here are the facts as we know them re MENA prospect:

1. Dealing with a National Oil & Gas entity.
2. Dean mentioned possible news as early as late December. I take from this that whatever is happening is beyond our control. Is it a bidding situation? Are they reviewing our proposal?
3. MENA prospect is NOT an exploration prospect. So, whatever it is its more aligned with production. Clearly our new tech and methodology comes to mind here. If it is re value add to an existing resource, then may be its not a competitive acquisition scenario. Maybe we get a trial, test utilizing our tech to demonstrate value?
4. This is more speculative, but if any or all of the above is even close to the truth, thne we're probably dealing with some serious volume production. So, one example would be a very large existing MATURE oil structure that has seen better days. maybe we get a shot at showing what can be done to extract more value. Again just speculation on my part.

Hope we get news soonn! GLTA!
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