Sonoro Provides Operational Update on its North Salah ad Din Prospect in Iraq

About this update from Sonoro Energy Ltd.

[{"type":"text","content":"\n\n\n\n\n\nTSX Venture Exchange Symbol: SNV\n\n\nCALGARY, Aug. 29, 2011 /CNW/ - Sonoro Energy Ltd. (\"Sonoro\" or \"the\n Company\") (TSX-V: SNV) is pleased to provide an operational update for\n its North Salah ad Din project in Salah ad Din, Iraq.\n\n\nOperational Update\n\n\nDrilling Rig, Services Equipment\nSonoro has concluded tendering and selection for a drilling rig and all\n associated integrated services in connection with its three well drill\n program on Sonoro's North Salah ad Din project. The tender process\n contemplated that the contractor provide all services (camp, drilling\n fluids, bits, cementing, logging, perforating, etc) and equipment to\n carry out a fully integrated program to drill, complete and test the\n planned three wells, with the successful bid constituting a binding\n contract for services upon award of the tender by Sonoro.\n\n\nFollowing a comprehensive review of the bids received and discussions\n with various bidders, Sonoro identified a full-service integrated\n drilling service provider with substantial operating experience in the\n region as the preferred contractor. Sonoro and the contractor have\n since made significant progress in refining the scope of the program\n and the related contractual terms and have completed a number of\n preparatory measures for the drill program, including early preparation\n of a mobile rig currently in country and ordering long-lead items. The\n parties contemplate executing a comprehensive drilling contract before\n work commences, but this step remains incomplete pending resolution of,\n among other things, inquiries of the contractor regarding permitting\n and approvals. While the timing for completion of this process cannot\n be confirmed, the preparation by the parties is sufficiently advanced\n such that the contractor could be on site and drilling approximately 60\n days following a definitive decision to proceed.\n\n\nSonoro is currently awaiting a land lease agreement for the area of\n operations and is working with the Province to finalize this. All\n required documentation has been submitted and the approval is expected\n by as early as mid September.\n\n\nCivil Construction\nThe Company tendered and received bids for the civil works program from\n various local civil construction firms located in the Salah ad Din\n Province in July, but, as f...

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