Sonoro Energy Ltd. V.SNV

And Yup 114 Billion Cubic Ft Nat Gas And Maybe More

[Goldy63]

Nordic American Tankers Limited

NYSE: NAT

2.1500

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+0.0900 (+4.37%)

At close: Fri. Jul 15, 2022 4:00 PM EDT · Nasdaq Real Time Price (USD) · Market closed

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• Open	2.1000
  High	2.1500
  Low	2.0210

• Mkt Cap	433.6M
  P/E (TTM)	N/A
  Div & Yield	0.08 & 3.85%

• Prev. Close	2.0600
  52 Wk. Low	1.4000
  52 Wk. High	3.3500

 

[Goldy63]

U.S. natural gas prices surged to the highest level in more than 13 years Monday as Russia’s war on Ukraine causes a global energy crunch and as forecasts called for cooler spring temperatures. Futures jumped 10% to trade as high as $8.05 per million British thermal units, the highest since September 2008.

[SlyFox1]

The real question is whether there is infrastructure in place or what is the cost to get it in place for natural gas production.  From what I know one of the larger natural gas production zones in Indonesia is Sumatra region. This would make me believe that there is infastructure around that we could tap into if there is none connected to the Selat block currently. https://www.indonesia

[SMlachake]

This field had producing wells by inself. Both oil and gas. Sorrounded by fields that had upto 100K bpd production. You can't produce without infrastructure. Previous release noted the wells were being serviced to be put back to production, we could be making money as we speak. It's plug and play! Waiting for updates.

[SlyFox1]

Thanks. Wasn't aware the Selat had natural gas production capabilities already. Knew many others in the areas do and the potential is incredible. But haven't seen anything that states Selat has previously produced Natural gas.  will be great given the quick reset and the prices for both natural gas and oil. Mind sharing where you found what was previously produced from the wells

[SlyFox1]

Clearly I missed this. https://www.sonoroenergy.com/sonoro-signal my expections on near term potential just became even higher 

[SMlachake]

Glad you found it yourself. I was just about to post that link.

[SMlachake]

If and when 114Bcf gas reserves are confirmed, at current gas wellhead prices, and even before increased share of reserves.. it works to north of C$250M value to SNV , again at 25%share (soon to increase) and using gas reserves only, never mind billions of oil barrels (to be confirmed, but I hear 37B+ barrels oil). Germany is about to fire wooden and coal boilers.. that is how precious gas has

[copperplay]

once this stock starts to run she will run hard with few pullbacks and higher highs jusr based on whats been reported Hopefully starts this week and ends above $1.00 with reserve reports in Q4

[SlyFox1]

Ya I had always based our initial potential of Sugih (previous operators) short term plans on page 24. Once we get going I think we will all be quite happy when we run to dollars land before end of the year with production and reserves  https://cdn.indonesia-investments.com/bedrijfsprofiel/423/sugih-energy-annual-report-2013-laporan-tahunan-sugi-company-profile-indonesia-investments.pdf

[yixter]

I picked more up on Friday and I plan on adding next week there isn't many O&G juniors with potential upside like this one. 

[MJB4231]

Ditto... I have full confidence in this team. Kirk has a strategy and a plan. Sit tight while loose ends being tied up. Exciting times coming

[SMlachake]

That value of about C$ 1.2B in 2013 is covered by gas value only at today's prices. Add oil, add increase in Interest above 25% and SNV is worth well over .5B. We are looking at North of $ 4 a share. So to expect $1 by Dec is reasonable. To expect a $2+ take over is also reasonable.

[Goldy63]

Yah Baby and look at the Subject . We have huge reserves . Read on . Natural gas is in the midst of the most dramatic boom that traders have seen in more than a decade, with prices recently rising as high as $8 per million British Thermal Units, more than twice as high as they were a year ago

[Goldy63]

https://www.reuters.com business energy europe-edg... 7 days ago Operator Nord Stream AG confirmed the shutdown started as planned at 0600 CET and that gas flows would drop to zero a few hours later.

[Goldy63]

Europe braces for gas 'nightmare' as pipeline from Russia ...https://www.washingtonpost.com world 2022/07/11 7 days ago BERLIN The main natural gas pipeline between Russia and Germany shut down for scheduled maintenance Monday, raising concerns that Moscow ...

[Goldy63]

-The latest Tweet by Bloomberg states, 'European natural gas prices jump with a heat wave scorching the western half of the region, boosting demand for cooling and pushing energy costs higher ...' July 18 2022 1:14 pm

[Goldy63]

The curve is going up and only going to go higher as winter gets closer . Lets get those massive Nat Gas reserves flowing . Read on . (Quote) US natural gas futures broke above the $7.5/MMBtu mark, a level not seen in over a month, amid higher weather-driven demand, while uncertainty over supplies in Europe kept the appetite for US LNG exports strong. The latest EIA report showed that stockpiles