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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 Aug 20, 2024 2:18pm
93 Views
Post# 36188375

RE:RE: Sonoro Signal: A letter from new CEO Greg Renwick

RE:RE: Sonoro Signal: A letter from new CEO Greg RenwickAll you need to know about the new strategic plan......................

n the near term, we aim to build shareholder value by acquiring Middle Eastern production acreage with exploration potential. This initiative will not only leverage Board members’ extensive Middle East expertise and established presence in the region, but will also build on our Chairperson’s reputation for community engagement and transparent transactions. Our goal is to replicate and expand upon our past successes.
We believe we can secure attractive acreage at a reasonable cost, and plan to fund these acquisitions and developments through marketing agreements, pre-payments, and project-level equity issues, thereby minimizing company share dilution.
As the Company grows, the Board plans to seek a listing on a major international exchange, which can elevate our share price and attract new, larger investors with substantial institutional support.
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