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Bullboard - Stock Discussion Forum 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... see more

TSXV:SNV - Post Discussion

Sonoro Energy Ltd. > SKK Migas
View:
Post by copperplay on Dec 02, 2020 6:35am

SKK Migas

SKK Migas just announced more stimulus today in Indonesia could be very good for us


“After the panel discussion on the first day there will be a stimulus launching agenda. We will convey stimuli in the upstream oil and gas sector, anything to attract investment in the upstream oil and gas sector,” said Head of SKK Migas Facility Management and Maintenance Division Luky Yusgiantoro at the conference. press virtually Tuesday (12/1/2020).

Even so, his party has not disclosed what stimulus will be provided. He said 7,500 participants from 49 countries had registered. These participants come from various groups, including the government, investors and academics.

According to him, many foreign investors do not know about the upstream oil and gas sector in Indonesia. The stimulus is expected to attract investors.

Comment by SlyFox1 on Dec 02, 2020 9:20am
Great post. Great to see Indonesia trying to grow to a larger player in the Oil and Gas industry. Their goal seem achieve the oil production target of 1 million barrels per day (bopd) and 12 bscfd of gas. This would have them increasing current production level by 25% or more.  Very promising signs for SNV and the future we have 
Comment by Medam21 on Dec 02, 2020 10:05am
https://www.whitecase.com/publications/article/can-foreign-investment-indonesias-upstream-oil-and-gas-sector-live
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