CALGARY, Canada (Nov. 16, 2023)—Sonoro Energy Ltd. (“Sonoro” or the “Company”) (TSXV:SNV) is pleased to announce that it has commenced drilling the 11-30-32-23W3 well in Kerrobert, Saskatchewan.
The vertical development well is currently being drilled to a planned total depth of approximately 900 metres. The well is targeting the Waseca channel sand, which has been extensively delineated in this area. This is the same channel sand in which lies Baytex’s Kerrobert field that is producing over 1,800 bbls/d and directly offsets three Baytex wells that have produced over 252,000 barrels of oil. The well presents a low-risk, step-out location that can be immediately brought into production. Completion operations are expected to commence immediately after rig release with subsequent oil sales occurring shortly afterwards.
Sonoro is also in the process of preparing the second location, which would represent its first multileg horizontal well and expects to license this well once surface land is acquired.
The Company will make further announcements as appropriate.
Richard Wadsworth, CEO, commented: “Commencement of drilling signifies an early milestone in Sonoro’s strategy to establish cashflow for the Company in a demonstrated low cost region in Saskatchewan. Our objective is to drill a subsequent multi-lateral horizontal well shortly thereafter applying new technology and further proving our capabilities to improve productivity and reserves with the potential to then leverage this to opportunities being reviewed in the MENA region.”