Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Nextech3D.ai Announces First New Customer Win For its AI Powered Photography Studio (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sonoro Energy Ltd. V.SNV

Alternate Symbol(s):  SNVFF

Energy Oil & Gas E&P
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

Sonoro Energy Ltd. > Snv
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(414)
•••
Comment by copperplayon Jan 09, 2025 11:09am
37 Views
Post# 36396118

RE:RE:Snv

RE:RE:Snv

RoyMax123 wrote: The only thing we have about how they will finance is from the letter from Greg where he stated that... 
"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"

from 
https://www.sonoroenergy.com/sonoro-signal/2024/8/20/sonoro-signal-a-letter-from-new-ceo-greg-renwick

MJB4231 wrote: In all those great interviews it was never explained how we are getting the cash for Alberta project or Iraq deal. We really need clarity on this. Hopefully we don't go back to the past practice of more dilution in a PP as our go to strategy.  All these great plans cost money. What's the plan? 



 

how much revenue coming in from current well online?  Even at a pathetic 90 barrels per day it should recover all the costs to drill it after one year ?  Anyone know ?

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities