Sonde Resources (SOQ-T) Stock Predictions - Stockchase
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Sonde Resources (SOQ-T)

ON STOCKCHASE SINCE Sep 2012

Acquired by Marque (Dec 2013)

oil/gas

Sonde Resources

SOQ-T

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Sonde Resources (SOQ-T) SAVE Dec, 31, 1969, 7:00 pm

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Sonde Resources(SOQ-T) 

September 25, 2012

Very good new management. Sold off Trinidad assets and paid down debt. Also, sold off land, at a very good price, in the Duvernay area. Really rationalizing down to light oil and liquids rich natural gas in Western Canada. Biggest part of their land base is in south-eastern Alberta. Also, had a big discovery in Tunisia. Stock is in the doldrums because of a commitment to drill, trying to farm it out and bring in new partners and if they can’t meet their deadline they will have to write a cheque to the Tunisian government. If the government gives them an extension and they get their partner, it is a very big discovery and important to the company.

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Very good new management. Sold off Trinidad assets and paid down debt. Also, sold off land, at a very good price, in the Duvernay area. Really rationalizing down to light oil and liquids rich natural gas in Western Canada. Biggest part of their land base is in south-eastern Alberta. Also, had a big discovery in Tunisia. Stock is in the doldrums because of a commitment to drill, trying to farm it out and bring in new partners and if they can’t meet their deadline they will have to write a cheque to the Tunisian government. If the government gives them an extension and they get their partner, it is a very big discovery and important to the company.

oil/gas
0 0 0 0 0
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Josef Schachter

President, Schachter Asset Mana...

Price Price
$0.700
Owned Owned
Unknown

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