Sonoro Energy Ltd (SNV)

[small_timer]

2nd Corporate Presentation

I have no background with oil and gas, and I wonder if any of you have thoughts regarding the 2nd corporate presentation that Sonoro has released. THe first presentation is no longer posted ....

Here is a link to the second presentation:

http://www.sonoroenergy.com/upload/media_element/31/02/sonoro_corp_pres_mar21_v5.pdf

For the most part it seems to me that there is little new information, with the exception of an update on expected drilling/seismic exploration (late this year). However, there is an interesting slide (#15) regarding an old well drilled in 1935.

To me this suggests that there is at least some kind of hope for finding some kind of oil, heavy or otherwise.

GIven my lack of oil and gas knowledge, I have no idea if this kind of oil can be extracted with ease or if it requires an Alberta approach (i.e. SAGD). The latter would suggest the need for a lot of capital ...

Thoughts ... ?