Bullboard - Stock Discussion Forum 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... see more

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Sonoro Energy Ltd. > No SP Indicated Justin But A Conservative Valuation Martin

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Post by Goldy63 on Jul 29, 2022 8:37am

No SP Indicated Justin But A Conservative Valuation Martin

From:	martindale
Date:	7/20/2022 9:46:28 AM
Subject:	RE:RE:Is this the one?

Morning...I see your having fun on the board today...lol

So here’s some numbers for you... p.s.my understanding is that nat gas is sold in lots of 1 million British thermal units, essentially 1000 cubic feet per the price in commodities.

37,500,000 BO = $3.93 billion @ $105 a barrel 114,000,000,000 cf of nat gas @ $7.40 = $843,000,000, this brings the selat reserves to a total of $4.77 billion our 25% of that is just under $1.2 billion. And we have just over 120 million shares out at the moment... add extra ownership percentage and possibility of more reserves found in new report...
Have a great day!

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