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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. > Nothing in the tank
View:
Post by Jimmy1page on Mar 07, 2024 11:10am

Nothing in the tank

I think the fact they re posted that video proves it
Comment by SlyFox1 on Mar 07, 2024 11:17am
Kind of shows the opposite quite literally, expecially when reading the last NR. They've physically shown and confirmed that there is oil going in the tanks for sale in Sask.  What it does show to me is that they really need to work on communication to the market and providing clean concise messages. As Jimmy points out, resharing an old video from Jan provide nothing investors didn' ...more  
Comment by BlackBeard357 on Mar 07, 2024 11:51am
I don't expect another NR until well is at full rate and company has next well planned. At $500k per drill plus rework, 3+ months to learn if a well is worth keeping. With only 1 well ramping up it's hard to expect much news on current production until they reach a set flow rate or the hole collapses trying to get it having calling in more rework. Correct me if I am wrong, but this is ...more  
Comment by Jimmy1page on Mar 07, 2024 12:44pm
I would think your number is close. I've never worked on a rig but I've delivered frak sand and chemicals.  I've hauled oil from tanks for years. These are big endeavors with a lot of moving parts. 
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