By John Lee. Sonoro Energy Ltd. has announced that the Company has changed its strategy of making significant use of advisory and consulting services in Iraq to primarily utilizing its own established network. With this change, the Company has terminated its advisory and consulting agreement with Amira Management B.V. (an entity with the same principals […]
Sonoro Energy recently announced the following operational and corporate updates. Drilling Rig As previously announced on June 12, 2012, Sonoro and its partners entered into an agreement to establish a joint venture company ("JV Co") and purchase a 750 HP drilling rig, subject to certain conditions including a final satisfactory rig inspection. JV Co has […]
Sonoro Energy has announce that the company, through a wholly-owned subsidiary, has entered into an agreement to purchase a drilling rig for their planned asphalt operations in Salah ad Din Province. The drilling rig will be transferred to a joint venture company ("JV Co"), to be established by Sonoro and its partners, Berkeley Petroleum Mesopotamia […]
Sonoro announced that its wholly owned subsidiary, Sonoro Energy Iraq, and its partner, Berkeley Petroleum Mesopotamia Asphalts Limited (together, the "Licensee"), have signed an Asphalt License Agreement (the "Agreement") with the Al-Salah ad Din Provincial Government in the Republic of Iraq. The Salah ad Din Province lies just to the North of Baghdad and lies […]
