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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 31, 2024 1:22pm
99 Views
Post# 36156540

RE:RE:RE:RE:MENA

RE:RE:RE:RE:MENA
They would not have said this in the last NR if that was the case. Since there was no other previously announced deal in progress.
 
"The MENA opportunity previously announced continues to progress. Key hurdle milestones are expected to be achieved in the near-term"
 
BTW,
It may be not that bad either, often national oil company don't want to take all the risks but share the production instead of paying for the job.
 
So again, we'll only know when/if that deal is done.


copperplay wrote:

SlyFox1 wrote: Biggest thing that needs to be done is clear up this deal and the 40M shares connected to it. With a change of the guard, would be nice to potentially avoid the deal and focus on being an oil company and not a service company.

 

with Richard out my guess so is MenaCo 



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