Sonoro Energy Ltd. is pleased to announce the signing of a Heads of Agreement with IPR Energy Group, a leading global energy company based in Irving, Texas, USA. Under the terms of the HOA, Sonoro Energy and IPR Energy Group will collaborate to evaluate known oil accumulations expected to be made available through Iraqi government licensing bid rounds and/or direct negotiations. The two companies will enter a joint study [...]
Sonoro Energy Ltd. is pleased to announce the signing of a Heads of Agreement with TransAtlantic Petroleum LLC, a privately-owned energy company headquartered in Dallas, Texas, USA. This strategic partnership marks a significant step forward in Sonoro's expansion within the Middle East and North Africa region. Under the terms of the HOA, Sonoro Energy and TransAtlantic Petroleum will collaborate closely to identify and [...]
Sonoro Energy Ltd. is pleased to announce that it has entered into a Farm-In Agreement with Badlands Resources Ltd. to explore for oil in southern Alberta. Through this agreement, Sonoro will earn a 100% working interest in a 2,240-acre land package by drilling an exploratory well. The acquired acreage encompasses several promising geological structures that have been carefully identified and mapped with high-resolution [...]
Sonoro Energy Ltd. is pleased to announce that Mr. Greg Renwick is joining the Company as President and Chief Executive Officer and a Director of the Board effective August 1, 2024. Mr. Richard Wadsworth will step down as a Board member and Chief Executive Officer for personal reasons. Mr. Wadsworth will continue to support the Company in an advisory capacity to progress opportunities domestically and in the MENA region [...]
Sonoro Energy Ltd. is pleased to provide shareholders an update on operations in Saskatchewan and activities in the MENA region. In Saskatchewan, Sonoro continues to produce oil after recently performing a pump change to improve downhole lifting efficiencies for enhanced oil production. This optimal pump size eliminates the continuous recycle while maintaining the option to perform periodic well flushes to ensure [...]
Sonoro Energy Ltd. is pleased to announce that it has entered into a non-binding memorandum of understanding to acquire, directly or indirectly through a subsidiary, shares representing 20% of the issued capital of a company existing under the laws of the United Arab Emirates , which is engaged in providing well management and engineering, procurement and construction services in the MENA region . Pursuant to the terms of [...]
Sonoro Energy Ltd. announces that the Company is aware of the proposed sale by its farmin partner Superb Operating Company Ltd. of certain oil interests located in Saskatchewan. Further to its news release dated October 30, 2023, the Company and Superb are parties to a farmin agreement, as reinstated and amended , pursuant to which Sonoro has earned and may continue to earn a 70% interest in certain properties located [...]
May 23, 2024 - Calgary, Alberta - Sonoro Energy Ltd. announces the results of its annual and special meeting of shareholders held May 21, 2024, All Directors and resolutions relating to the appointment of auditors, share option plan and restricted share unit plan were approved by shareholders. A total of 68,771,736 of the 223,334,075 Sonoro common shares outstanding, representing 30.8% participation were voted by proxy [...]
This press release is not to be disseminated in the United States February 29 - Calgary, Alberta - Sonoro Energy Ltd. is pleased to announce that first oil sales have been completed in Saskatchewan from our 14-29 well. Sonoro has two storage tanks totaling 2,000 barrels at the 14-29 location. The tanks were close to full with product typically associated with the early production phase from the process known as CHOPS or [...]
This press release is not to be disseminated in the United States February 5 - - Calgary, Alberta - Sonoro Energy Ltd. hereby provides an update on the recently completed initialized production of the 14-29-32-23 W3 well in the WCSB. Since commencement of production, the well has exhibited CHOPs, Cold Heavy Oil Production with sand, producing foamy oil with greater than 10% sand cuts and high initial gas pressures. The [...]
January 11 - Calgary, Alberta - Sonoro Energy Ltd. is pleased to announce the commencement of production and positive results at its recently drilled 14-29-32-23 W3 well. The multilateral horizontal well was run on production at 19:00 on January 10 and over an 11 hour period has produced at an equivalent rate of 178 bbl/d of fluid. The well is currently producing at this rate with a strong volume of casing gas and [...]
This press release is not to be disseminated in the United States Calgary, January 4th, 2024 - Sonoro Energy Ltd. is pleased to announce the commencement of final lease and facilities construction towards achieving oil production at its recently drilled 14-29-32-23 W3 well. Sonoro has acquired all related surface and downhole equipment required to complete and place the well on production. Surface facility and lease [...]