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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. > Spidey sense
View:
Post by Jimmy1page on Jan 18, 2024 5:25pm

Spidey sense

No longer tingling.
Comment by StratCap on Jan 18, 2024 5:55pm
Mine havent stopped tingling. The former CEO of Kuwait Energy has invested $440,000 of her own money and is a board member. The co-founder of Bankers Petroleum is the Chair and CEO of SNV and a large shareholder through bought stock wiyh his own money. He is also coming off a 55,000 boe/d project in Iraq. Tingle tingle.  GLTA.  
Comment by copperplay on Jan 18, 2024 6:17pm
Well said Stratcap  everything right there in a nutshell why this stock going to explode sooner than later 
Comment by StratCap on Jan 18, 2024 6:28pm
Just poured a nice glass of wine and am just going to sit and listen to the wise words of one of my favourite artists.  The late, great Tom Petty: https://youtu.be/uMyCa35_mOg?feature=shared  
Comment by MJB4231 on Jan 18, 2024 6:33pm
Someone above my pay grade and investor knowledge told me the importance of getting too 100 million MC. Apparently that's the valuation the big brokerages enter and won't go near anything under this. So let's get there. 
Comment by copperplay on Jan 18, 2024 7:57pm
50 cents only happens with MENA 
Comment by MJB4231 on Jan 18, 2024 10:38pm
Far more then 0.50...the massive projects both Richard and Sara left isn't for 0.50.
Comment by copperplay on Jan 19, 2024 4:48am
I meant 50 cents is your 100 million market cap
Comment by copperplay on Jan 19, 2024 6:43am
I agree with you MJB at $100 million market cap more institutions are allowed to step in  Not much available back up to 21 cents where we traded 10 days ago...maybe today
Comment by MJB4231 on Jan 19, 2024 7:56am
We really gotta be very very close to hearing about MENA project. I'm sure we get well 2 numbers and possibly well 3 plan. Timeline for hearing about MENA should be this month and we near the end of it. There was so much enthusiasm and anticipation for Christmas announcement as per interviews. Next week I feel could be the start of our real TRANSFORMATION. Good buying today on FOMO 
Comment by ark88 on Jan 19, 2024 11:23am
I don't get what you get in "...gotta be very very close...". Here are the facts as we know them re MENA prospect: 1. Dealing with a National Oil & Gas entity. 2. Dean mentioned possible news as early as late December. I take from this that whatever is happening is beyond our control. Is it a bidding situation? Are they reviewing our proposal? 3. MENA prospect is NOT an ...more  
Comment by SlyFox1 on Jan 19, 2024 11:58am
I think point three is the key. I suspect they are going after previously producing block(s) that have cased in wells for easy restart production along with exploration upside. Question then becomes to they try to turn previously cased well into multi slotted lined horizontal wells or do a quick restart on them and safe the new drilling approach for upside exploration on the blocks 
Comment by thorgb1 on Jan 19, 2024 12:28pm
I think this is accurate, and they are using Saskatchewan as a proof of concept. They will look for opportunities to exploit previously producing fields and restart them and increase production using new tech. Brilliant startegy and can attain a healthy boepd very quickly and with much less risk and investment then exploration and wildcatting. GLTA. 
Comment by copperplay on Feb 11, 2024 3:52pm
  I meant February not January   
Comment by politicat on Jan 19, 2024 10:23am
CEO is actually " coming off of " 3 years of failure in Indo.  
Comment by SlyFox1 on Jan 19, 2024 10:29am
He was not the CEO of the company during indo, rather just on the board.  Richard was SUCCESSFULLY scaling a project in Iraq to 55k boed
Comment by thorgb1 on Jan 19, 2024 10:29am
He wasn't CEO dummy.
Comment by copperplay on Jan 19, 2024 10:57am
Also of not if you do more DD our CEO RW only owned 600,000 shares of SNV during Indonesia time and today he holds 5 million wonder why  The stock could gap at any moment look at the depth nothing available up to 23 
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