07:16:50 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Sonoro Energy Ltd (4)
Symbol SNV
Shares Issued 187,834,077
Close 2023-10-13 C$ 0.115
Market Cap C$ 21,600,919
Recent Sedar Documents

Sonoro Energy extends well spudding deadline

2023-10-16 16:05 ET - News Release

Mr. Dean Callaway reports

SONORO ENERGY LTD. PROVIDES UPDATE ON SASKATCHEWAN OPERATIONS

Sonoro Energy Ltd. has agreed to amend certain terms of its previously announced farm-in agreement with its farm-in partner, Superb Operating Company, a wholly owned subsidiary of Proton Technologies Canada Ltd. The amendments are intended to allow for a more focused drill program on certain identified lands and to include multilateral horizontal wells, all of which is intended to enhance the partnership relationship.

The amendments to the agreement will extend the deadline for spudding the first vertical well and subsequent horizontal wells in addition to providing for an improved collaboration on the initial and future well programs. Commencement of the drilling is expected in October, 2023, subject to regulatory approvals, rig availability and completion of definitive documentation.

Sonoro will provide an update and further details on the entire program, including the revised drilling time table when completed.

We seek Safe Harbor.

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