Sonoro Energy Ltd. V.SNV

October

[MJB4231]

See y'all in October with news and 1.00 SP... Take care

[Goldy63]

Would think plenty of news by then but $1 plus works for me and I,m sure many here . 

[ark88]

Well, if we don't hear anything till October, then we have one of two scenarios. First scenario is we're toast. Second scenario is given that we have no money, whatever we are doing at Selat Panjang our partner is funding our share as they have done previously.  GLTA!

[SMlachake]

Would you care to issue a news release about the state of finance and who is funding 'whatever we are doing at Selat Panjang'? You seem quite confident of what is going on. Is that why you don't think we need a news update? But let me guess, you are just happy to speculate, wise one. Only you could not find anything position to imagine in your sad speculation. Pathetic!

[SMlachake]

Why are you picking October MJ? Any reasoning behind the date or are you just tired of weekly expectations? I would be happy with this scenario.

[MJB4231]

Basing my opinion on carefully reading last NR. A certified stamped Reserve to be compliant & stamped requires production of even a single barrel of oil. The RR either being redone completely by a "Top tier" company or amended from last report I am uncertain of which. Based on certification requirements it's logical to not release a reserve report until production which was

[SMlachake]

Thanks you Sir.

[MJB4231]

Anything under 0.10 should be a strong buy here. A few well regarded traders and influencers on Twitter have posted and claimed the strong buy and purchase of SNV. These heavy hitters are above my pay grade. As one heavily invested wise investor advised me... "It should be a very merry Christmas for you". I'm banking on it slowly still accumulating owning almost 2 Brinks trucks of

[Goldy63]

So you are sure about the requirements but not the timelines fair enough . This is where the lines blur . Prevoius RR tweaked or a new one . Same company so seemless and one would thing faster to produce or a new one starting from scatch or perhaps working with the last RR. As for producing a barrel of Oil that could be the reason both the Patner and SNV are in the field . Dust the rust off the

[SlyFox1]

Very well said MJB 

[ark88]

One can choose to have production as part of the preparation of the Reserve Report, but I'm not aware of any requirements in which production is required. Also, not sure if production is required as part of the certification process. I could be wrong. All of this speaks to the timeline of probable events to come. I still contend that much of this is interconnected as it relates to the working

[MJB4231]

I spoke to Dean approx 3 yrs ago and confirmed he this regarding certification. Doubt standards have changed since then knowing Kirk wants this by the numbers and no errors. Read link attached. To be credible it requires production of N51 https://ca.practicallaw.thomsonreuters.com/3-575-5105?transitionType=Default&contextData=(sc.Default)

[SMlachake]

Does this have to be current production of just prove of production from the field. Also, from my perspective, restarting a well is a week to a couple of months based of work required, no more unless serious problems are encountered with casing or via losing tools or tubing. Assuming they are doing a well after the other, the first one should already be complete. Only delay could be if they need

[MJB4231]

I'm not in O&G industry and well conditions are speculative. As per NR 3 wells were about to be recomissioned. Infrastructure is there and like anything needs to be serviced and certified for use... I'm unclear how long that takes. However again referring to last NR its stating clearly for Q4 production. We also learned that SGE was at Selat prior to SNV knowledge getting stuff done

[SMlachake]

Exactly MJ, based on that NR, work has been ongoing for a few months already, so we most likely have at least one well complete. You have put important facts together very well and considered many overlooked details.

[ark88]

MBJ writes "....and he lit the match," and you wtite in response " and the house is on fire."

[ark88]

.......and copper responds " and when is he going to light another one? when? when?" ........meanwhile at Walmart, front door greeter Goldy is having a bad day. In his excitement over the prospects of SNV this morning and in the rush to get ready for work, he forgot his dentures and shoppers are giving him the evil eye every time smiles and greets them.

[Goldy63]

Certainly are some shallow peeps here when a decent discussion is put forward on the board . Ah well when you get your solied Granny panties stolen I Guess your world sucks lol. Long SNV. Yet another with a potshot at me . Petty.

[copperplay]

  what does this even mean clown?  Your posts are in code like a 16 year old 

[copperplay]

Ark can't see my posts so MJ or SMI can respond if they care too if not agree leave this teenager alone he is learning about stocks each day 

[SMlachake]

Copper, leave the crown to beg alone. Interestingly, she also thinks not issuing updates is that magic that will guarantee better outcome. Anyways, wait we will, silence does not stop things happening in the background, but news would help the SP set higher floors . We will pick from where we are when the news come.. and come they will.

[Goldy63]

Agreed and Amen to that . Cheers SMI .

[copperplay]

  true and I guess under a anonymous handle can post anything you want  a little birdie told me we should hear news by end of month.  Again they can't stay quiet forever and cash is needed  if all our ducks finally get put in place and they complete the items announced on June 20 in the MOU this stock easily goes from 6 cents to 60 cents  GLTA

[MJB4231]

Man we've had alot of end of next week /months... Not saying u Copper just overall generally. And like u did specify... Good or bad eventually something has to come out. I'm still holding to my belief of Q4

[martindale]

Wayyyyy too many weeks/months..Spot on MJ.!soooo on that note... I don't have a lot of feelings.... so my wife says.. but I am having good thoughts about this week.. I'm gonna go with that.. GLTA Invested

[BCherb]

...Next week. I only need 59,365 more share to round out my numbers. Actually give it another couple and maybe those will be filled at .05 or even .045. Hate having those odd numbers to calculate, need the 000000's

[Goldy63]

Believe it when I see it Martin lol but yup positive sure beats a negative attitude hands down . Life is short . Bring on some news and yup the tell will be volume before news . Cheers. 

[ark88]

Well, Q2 results are due this or next week, so your wish will come true one way or another. GLTA!

[MJB4231]

Watch them ask for an extension... Lol

[ark88]

Coudl very well be. Last year, it was released on August 25th which was a Wednesday. They're going to have to report something so we shall see. GLTA!

[copperplay]

  financial results are irrelevant at this point we know they are out of cash what we need is a progress report on our Billion dollar partner and Billion dollar Oil project.  Sit tight folks things are about to get real interesting 

[Goldy63]

Agreed Copper . Tell us something we dont already know Ark . Umm naa dont bother . Bring on some news Kirk . Cheers .

[Goldy63]

Hey Copper . Lets the bullys play in there sandbox lol. In the meantime Money . Got an email from CEO from another company . Interesting to say the least . Let me know if you want to read it and will send. Cheers and enjoy your weekend and yup the sour lemons never run dry with some eh lol. Tc. Bring on some news Kirk . Long SNV

[Patrick2Linton]

This post has been removed in accordance with Community Policy

[Saskberger]

Restarting those shallow wells should be a few days tops pending equipment and casing integrity. Anything beyond that if integrity lossed etc it's more cost effective to abandon and drill some new horizontals. Would be like half a day to recomplete those shallow Baiku wells with new tubing and rods in Canada. So let's say 3 days avg for overseas inefficiency for a regular production change