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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

Post by RoyMax123on Aug 20, 2024 12:12pm
138 Views
Post# 36188073

Interim Financial and MD&A are out on SEDAR

Interim Financial and MD&A are out on SEDARFrom the MD&A

"Sonoro is also pursuing other WCSB opportunities and is optimistic that there will be additional assets that the Company will have access to and be able to expand our WCSB base"

A bit later
"Our current focus includes the assessment of opportunities in the WCSB where we believe we can build a solid base of production and cashflow which can then be leveraged to qualify for international transformational opportunities."

and
"The Company is reviewing a number of opportunities in the Middle East North Africa or MENA region where energy transportation/corridors to Europe are well established. Establishing a solid resource base, production and cashflow as outlined above will improve our chances of capturing these international opportunities"

Base on that, it seems that a MENA oil producing project is not for tomorrow.
 

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