Business
Sonoro Energy announces schedule for Multilateral Horizontal in Saskatchewan
(TheNewswire) November 30, 2023 – TheNewswire - Calgary, Alberta –...
About this update from Sonoro Energy Ltd.
[{"type":"text","content":"Sonoro Energy announces schedule for Multilateral Horizontal in Saskatchewan\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n November 30, 2023 –\n \n \n TheNewswire -\n \n \n Calgary, Alberta\n \n \n –\nSonoro Energy Ltd. (\"Sonoro\" or the \"Company\")\n(TSXV:SNV) is pleased to announce that the next well on the Kerrobert,\nSaskatchewan project is planned to be spud in mid-December 2023. The\nwell will be a multi-lateral well located approximately 1.5 km away\nfrom the recently drilled vertical well, with 4 lateral legs,\ntargeting Waseca sands structurally higher and extending up to 700 m\nfrom the intermediate casing point.\n \n \n \n \n The final well design is complete with operational\nplans in place, which include the interpretation of 3D seismic, final\nlicensing of the well and site preparations to commence shortly to\nmeet the anticipated spud date.\n \n \n \n \n Further updates will be provided as activity\nprogresses.\n \n \n \n \n \n \n Forward-looking\nStatements\n \n \n \n \n Certain information in this news release constitutes\nforward-looking statements under applicable securities laws. Any\nstatements that are contained in this news release that are not\nstatements of historical fact may be deemed to be forward-looking\nstatements. Forward-looking statements are often identified by terms\nsuch as \"may,\" \"should,\" \"anticipate,\"\n\"expects,\" \"estimates,\" \"seeks\" and\nsimilar expressions. In particular, without limiting the generality of\nthe foregoing, this news release contains forward-looking information\nregarding the opportunities discussed.\n \n \n \n \n Forward-looking statements necessarily involve known\nand unknown risks, including, without limitation, risks associated\nwith oil and gas exploration, development, exploitation, production,\nmarketing and transportation, loss of markets, volatility of commodity\nprices, currency fluctuations, imprecision of resource and reserve\nestimates, environmental risks, competition from other producers,\ninability to retain drilling rigs and other services, delays resulting\nfrom or inability to obtain required regulatory approvals, changes in\nlegislation including but not limited to income tax, environmental\nlaws and regulatory matters, the effectiveness of the technology to be\nemployed by the Company, the Company&...