Sonoro Energy Secures Rig to Commence Drilling on the Countess Well in Alberta
(TheNewswire)
August 7, 2025 – TheNewswire - C algary, Alberta – Sonoro Energy Ltd. (“Sonoro” or the “Company”) (TSXV: SNV) is pleased toannounce that it has secured a drilling rig for its Countess Well inAlberta. The Precision Drilling Corporation Rig PD239 is completinganother job in the area and will immediately be available for Sonorofor the Countess well. The rig is expected to arrive on-site in thenext few days for rigging up and a well spud date by mid-next week.
The well will target Mississippian-aged carbonateformations at an estimated depth of approximately 3,500 feet. Drillingoperations are expected to commence by or before August 11 and takeapproximately one week to reach total depth.
Rig PD239 is a Super Single trailer style rig thatallows for swift transport between rig sites and simplistic riggingup. The Precision crew engaged for the operation is a long term crewwith an impeccable safety record. The rig is a 600 horsepoweroutfitted with a 5,000 psi circulating system.
The Countess well is located at 04-15-19-15 W4,approximately 10 kilometers west of Brooks, Alberta. Sonoro is theOperator of the well and holds a 100% working interest in theproject.
By drilling the Countess well, Sonoro will earn a 100%interest in 3.5 sections of prospective leases currently held byBadlands Resources. Several similar follow-up prospects have alreadybeen mapped on this acreage, reinforcing the strategic importance ofthis initial test well.
About Sonoro Energy Ltd.
Sonoro Energy Ltd. (TSXV: SNV) is a Calgary-based oiland gas exploration company focused on identifying and developinghigh-quality resource opportunities in Western Canada and in theMiddle East. The Company is committed to responsible energydevelopment and delivering value through operationalexcellence.
Forward-looking Statements
Certain information in this news releaseconstitutes forward-looking statements under applicable securitieslaws. Any statements that are contained in this news release that arenot statements of historical fact may be deemed to be forward-lookingstatements. Forward-looking statements are often identified by termssuch as "may," "should," "anticipate,""expects," "estimates," "seeks" andsimilar expressions. In particular, without limiting the generality ofthe foregoing, this news release contains forward-looking informationregarding: the ability of the parties to negotiate satisfactory termsfor, and to execute, the Definitive Agreement; the satisfaction of allconditions precedent to the completion of the Proposed Transaction,including receipt of TSX Venture Exchange, regulatory and shareholderapprovals; the Company’s ability to continue as a going concern,general business, economic, competitive, political, and socialuncertainties; delay or failure to receive applicable approvals; andthe results of operations.
Forward-looking statements necessarilyinvolve known and unknown risks, including, without limitation, risksassociated with oil and gas exploration, development, exploitation,production, marketing and transportation, loss of markets, volatilityof commodity prices, currency fluctuations, imprecision of resourceand reserve estimates, environmental risks, competition from otherproducers, inability to retain drilling rigs and other services,delays resulting from or inability to obtain required regulatoryapprovals, changes in legislation including but not limited to incometax, environmental laws and regulatory matters, the effectiveness ofthe technology to be employed by the Company, the Company’s abilityto access sufficient capital from internal and external sources.Readers are cautioned that the foregoing list of factors is notexhaustive.
Readers are cautioned not to place unduereliance on forward-looking statements as there can be no assurancethat the plans, intentions or expectations upon which they are placedwill occur. Such information, although considered reasonable bymanagement at the time of preparation, may prove to be incorrect andactual results may differ materially from those anticipated.Forward-looking statements contained in this news release areexpressly qualified by this cautionary statement.
Additional information on these andother factors that could affect Sonoro's operations or financialresults are included in Sonoro’s reports on file with Canadiansecurities regulatory authorities and may be accessed through theSEDAR+ website (www.sedarplus.ca) or by contacting Sonoro. Theforward-looking statements contained in this news release are made asof the date of this news release and Sonoro does not undertake anyobligation to update publicly or to revise any of the includedforward-looking statements, whether as a result of new information,future events or otherwise, except as expressly required by securitieslaw.
Neither the TSX Venture Exchange nor its Regulation Service Provider(as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of thisrelease.
For further information, please contactthe company at:
On behalf of the Board of Directors
of Sonoro Energy Ltd.
Dean Callaway, CFO andDirector
+1.403.262.3252
This press release is not to be disseminated in the UnitedStates
Copyright (c) 2025 TheNewswire - All rights reserved.
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