Shares in Sonoro Energy rose 11% on Thursday following its announcement that the company, through its wholly-owned subsidiary, Sonoro Energy Iraq B.V. (“Sonoro Iraq”), has entered into a Farmout Agreement with Geopetrol International Holding Inc. and its subsidiary, Geopetrol Iraq Corp. The Agreement provides for the assignment by Sonoro to Geopetrol of a thirty percent […]
Sonoro Energy Ltd has announced that it has now received an investment permit from the provincial governorate of Salah ad Din [Salahadin, Salahaddin] allowing the Company to proceed with its asphalt (heavy oil) project. This permit allows Sonoro to immediately commence operations and allows for the importation of necessary equipment and personnel. Finally, this permit […]
Sonoro Energy (TSX-V: SNV) announced on Monday that it has formed a strategic alliance with Inglett & Stubbs International whereby Inglett will support the execution of certain operations in Salah ad Din, Republic of Iraq. Inglett has developed advanced design and building procedures that allow them to efficiently manage the most technically complex construction projects […]
