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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 RoyMax123on Feb 29, 2024 9:23am
72 Views
Post# 35906073

RE:RE:RE:RE:RE:New Press Release - Sonoro Energy Ltd. First Oil Sales from Saskatchewan Well

RE:RE:RE:RE:RE:New Press Release - Sonoro Energy Ltd. First Oil Sales from Saskatchewan WellYes, maybe they emptied the tanks when the freezing issue occurred. You're right that we'll know better about production on the next sale since we now have a good reference date. 

thorgb1 wrote:

RoyMax123 wrote:
We still don't know how much it will produce, "Sonoro will define the prodction profile when it stabilizes"
 
How long did they were stopped ? let say 3 weeks. The production started on Jan 10th so 7 1/2 weeks. 2000 barrels for 7 1/2 weeks - 3 weeks give us just about 65 barrels / day which is not great. I think production will have to increase a lot to be considered successful.

copperplay wrote: Ok so lets revisit the conversation from yesterday.

Now we have Oil production and sales which means the technology works.  According to you Ark88 this sets the stage for Mena to be announced?

Or am I missing something?



 

Remember it wasn't 7 weeks interrupted. The big question is when did the blowout occur and how long was it offline? I think most of this production is from the last couple of weeks. From everything I am hearing, expectations are still that this well will be 3-400 barrels a day. We should get a better understanding of daily production from next sales.

This is good. For the first time in the company's history, we are generating revenue!

 



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