09:23:29 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Sonoro Energy Ltd (4)
Symbol SNV
Shares Issued 195,047,409
Close 2023-12-14 C$ 0.17
Market Cap C$ 33,158,060
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Sonoro Energy drills Waseca sand at Saskatchewan well

2023-12-15 10:31 ET - News Release

Mr. Richard Wadsworth reports

SONORO ENERGY PROVIDES UPDATE ON SASKATCHEWAN WELL

Sonoro Energy Ltd.'s 14-29-32-23 well has been drilled to the intermediate casing point. The well has been drilled two metres into the Waseca formation which was encountered structurally as expected with abundant oil returns seen over the shaker. Clean Waseca sandstone chip samples were recovered having a strong fluorescence and oil staining.

Sonoro is now in the process of cementing the intermediate casing after which the first of four horizontal legs will be drilled into the Waseca sand; drilling to date has been safely conducted on budget and within the time frame scheduled.

While these preliminary indications are positive, the results to date cannot be relied upon for determining if the drilling results are determined as successful for economically viable production of this well.

The company will make further announcements as appropriate.

Richard Wadsworth, chief executive officer, commented, "Encountering the Waseca sand as expected confirms our 3-D seismic interpretation and increases our confidence in the success of extending the laterals into the structural high of the formation."

We seek Safe Harbor.

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