Sonoro Energy Ltd. V.SNV

News Flow

[FabiusCunctator]

What news flow should we see?

• Permitting of drilling
• Mobilization of the rig
• Drilling of the first well
• Completion  and report on 10 metres of net pay
• Committment to drilling the next wells
• Putting first well on production
• Drilling of next well
• Deal in the Middle East?
• Additional Acquisitions in Alberta/Sask

There is real potenital now for steady news flow.

[FabiusCunctator]

There are >25 well locations on the Waseka Play so there is potential for near continuous news flow in the coming 6 months and cashflow to fund further wells and acquisitions. This is going to be a very exciting time for this under-valued stock.

[MehmetPasha]

Fabius, this waseka area/channel is meant to be dotted with wells? So 2.5k barrels per day has a high probability? Out of curiosity why only 25 wells? No chance for more ? Excuse the lay questions but I am keen to understand! 

[FabiusCunctator]

in the early days of oil and gas development folks drilled wells on a very close spacing -  but quickly learned this was not optimal and could result in water ingress and quickly loosing the ability to produce anyhting.  The spacing of wells is determined by the geometry and the permeability and porosity of the net pay interval/s and by various regulatory requirements.  25 wells

[MehmetPasha]

Wow. Ok well. Let's what the money flow in from these 25 plus wells then and wait to see what more management have up their sleeves.

[FabiusCunctator]

It is worth nothing that Bankers Petroleum from from a SNV to prodicing 11,000 barrels a day and a market capitalization of $600 million in a few years.  Between 2004 and 2022 Bankers paid US$900 in taxes, US$675 million in Royalties and another US$100 million in other local and satte taxes and charges.  Siubsequenbt to the acquisition production peaked at 20,000 BPD. This was in

[MehmetPasha]

Fabius get in touch with Sara. Give her this pep talk and let's leverage her good name to the high heavens !! come on Snv !!! It's your for the taking !!!

[FabiusCunctator]

This is entirely possible -  this could be one of the best performing stocks on the TSX in 2023 and 2024. We should transition to the NYSE.ACRA as soon as possible to give this stock some real exposure and certinaly to Teir 1 on the TSX.

[StratCap]

Cant forget Sara Akbars company that she headed up was also sold for hundreds of millions as well. United Energy signs deal to buy Kuwait Energy for $650.85m Kuwait Energy is an upstream oil and gas company engaged in exploration, appraisal, development and production activities in several countries, including Iraq, Egypt, Yemen and Oman. The transaction will enable United Energy to

[StratCap]

Just adding this link as it was asked of me in PM to clarify Akbar's involvement in Kuwait Energy. https://www.kuwaitenergy.co/Frontend/KEC/FlipBook/310820150115033074/files/assets/common/downloads/page0021.pdf   GLTA  

[StratCap]

Hopefully this link works. https://ibb.co/tpPsbyd  

[FabiusCunctator]

Also Sara Akbar stars in the Documentary "Fires of Kuwait" -  which got an Academy Award Nomination!  Fires of Kuwait (Short 1992) - IMDb Well worth watching.

[MehmetPasha]

This is why I love this board!! We need people like Fabius to talk to management so promotion is done properly!! The market needs constant and insightful updates!! Promote promote and promote !

[FabiusCunctator]

I am looking at that 212,000 offer at 10 cents and wishing it was a trading day. For sure it wont be there on Monday -  but then you never know.  As Lefebre would say, if you are not selling the stock you have to buy, there is just no point holding a stock -  its is either a buy or sell -  and SNV is absolutely a buy. All the moving averages are saying BUY and I have not seen