Sonoro Energy Ltd. V.SNV

New Press Release - Sonoro Energy Ltd. provides update on Saskatchewan operations and development opportunities in MENA.

(TheNewswire)This press release is not to be disseminated in the United StatesFebruary 5, 2024 – TheNewswire -- Calgary, Alberta – Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV:SNV) hereby provides an update on the recently completed initialized production of the 14-29-32-23 W3 well in the...read article.

[eXclusif]

don't think this is what we were hoppiing for...

[thorgb1]

Not the worst update, but certainly explains the continued crappy trading we have been seeing. Should not have taken a month for this update.

[copperplay]

Another press one week from today that all is fixed and now producing would go a long way  todays press does match the stock price and now we push higher again 

[SlyFox1]

Agreed with both. Clears the air and removes the uncertainty. Though this NR should have come out last week. 

[copperplay]

  100% agree Sly and Thorgb why they waited to long but market does always know.  Follow the money  now tomorrow trading going to look forward or much of the same ?

[Jimmy1page]

Pretty much what I expected. Let's hope the share price goes up but I now don't expect any real production until well into the summer. 

[SlyFox1]

Won't take that long. I expect we see boepd by EOM to early Mach at the latest  Sonoro expects that the well will be serviced and placed back on production within the next week.

[thorgb1]

Yes, it's a delay which isn't great, but stuff happens when drilling in Canada. Full clown show in effect on CEO, bashers out in force. Saskbergers posts are the only ones worth reading. They are continuing to refine this new tech as a proof of concept for a much bigger opp IMO. I don't think they mention MENA if there wasn't some positive developments. 

[ark88]

Not what was expected, but not unexpected either. Yes, could've been issued earlier but I like that they have a solution and timeline attached. They're on the hook which I like. Sell if you have to but it's just a one week delay.

[copperplay]

Sarah and her followers see this do they step in now?

[ark88]

These guys could've issued something a week ago stating that they encountered a problem and that they will provide an update as warranted. How do you think the market would've reacted? OR They could release something next week stating they had a problem but it was fixed and etc etc. I like that they issued something stating the problem, had a solution with a timeline. Its called