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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. > Interim Financial and MD&A are out on SEDAR
View:
Post by RoyMax123 on Aug 20, 2024 12:12pm

Interim Financial and MD&A are out on SEDAR

From the MD&A

"Sonoro is also pursuing other WCSB opportunities and is optimistic that there will be additional assets that the Company will have access to and be able to expand our WCSB base"

A bit later
"Our current focus includes the assessment of opportunities in the WCSB where we believe we can build a solid base of production and cashflow which can then be leveraged to qualify for international transformational opportunities."

and
"The Company is reviewing a number of opportunities in the Middle East North Africa or MENA region where energy transportation/corridors to Europe are well established. Establishing a solid resource base, production and cashflow as outlined above will improve our chances of capturing these international opportunities"

Base on that, it seems that a MENA oil producing project is not for tomorrow.
 
Comment by ark88 on Aug 20, 2024 12:22pm
The only thing that matter to me thats worth reposting. Ms. Akbar has over 30 years of experience leading and building oil and gas companies, services and projects in the Middle East and North Africa. Sara is currently the Chairman and CEO of Oil Serv Kuwait, a leading integrated oilfield services company in the Middle East and North Africa region. Sara is an independent non-executive Board ...more  
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