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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. > Last NR
View:
Post by MJB4231 on Oct 07, 2021 10:35am

Last NR

I'm wondering after rereading last NR if we are resolved of losing PSC to SGE and we simply asked Migas to get clarity of Jimmy's decision and too see if he wants to cut us loose in partnership and why we are actively looking into another PSC as stated. So many scenarios here. I for one sure hope we get Selat by default of SGE breech of commitments plus get an additional PSC with a new partnership. Sure hope this decision does not drag into Christmas and new year
Comment by teetznazz on Oct 07, 2021 11:39am
  I really cant see any partnership where this Jimmy is involved advancing properly with SNV. Divorce court is where this is headed one way or the other.
Comment by copperplay on Oct 07, 2021 2:24pm
  anyone that followed this story is not surprised by this.  Usually when your partner stops speaking and responding to you means it's over.  Skk Migas must think this is crazy too and they can't get involved in a bad marriage  One also has to assume Sonoro management have not sold their stock so need to find another project to get out...and preferably out of ...more  
Comment by babyofbullion on Oct 10, 2021 12:45pm
Yes if one wanted to read the NR negatively it could be perceived that Sonoro believe that the government understand its "not their fault" but will throw the baby out with the bath water and revoke the license from the partnership. Sonoro management may see this coming and are exploring alternatives. The fact they say they are still looking at Indonesia as an option would suggest my ...more  
Comment by copperplay on Oct 13, 2021 5:37pm
  this is enough where are these guys?  Bring back Atkinson he had shares at 17 when they signed PSC