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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 Jul 07, 2024 3:04pm
88 Views
Post# 36121949

RE:Bait & Switch

RE:Bait & Switch
The national oil company want to increase their production by over 100 000 bopd so the only way this can be good for us is if that national oil company don't want to take all the risks. (I mean paying in money for the work not knowing if their goals will be achieve) But rather paying by giving a percentage of the production increase. (or a mix of % and money)
 
But we'll only know when/if they sign that agreement and if they disclose the details.

MJB4231 wrote: I for one never signed up to be a well servicing company and give away part of our company which I supported for far to long. I'm not certain what's going on behind the scenes but based on these NR updates I see nothing in this as positive. We were sold a narrative of being an oil production company in Sask and Mena region. Somehow I'd luv to know who benefits from this new direction. Sorry Sonoro you've lost me and my confidence. Hoping for clarity as to WTH is going on and more delays to being a legit company. Unbelievable 


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