SONORO ENERGY

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Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia. To hear directly from management join our investor group today!

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SONORO ENERGY

lockPrivateGroup

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia an......

people109 Members        (0)

8020 Admin posted a press release Sonoro Energy and Blox Labs Commence Development of Procurement, Tendering and Contracts Module for PetroBLOX - Smart Contracts Ledger For The Oil and Gas Industry in SONORO ENERGY

(via TheNewswire)

Calgary, Albertaand Toronto, Ontario / TheNewswire / July 16, 2018 - Sonoro Energy Ltd. ("SNV") (TSX-V: SNV) (Frankfurt: FDZN) (OTC: SNVFF), is pleased to announce that in partnership withBlox Labs Inc. ("BLOX") (CSE: BLOX) (Frankfurt: BR1B),Phase 1 development continues to progress on"PetroBLOX",a Blockchain-based smart contract supply chain management platform for the global oil and gas industry.

After analyzing various pain-points and bottlenecks facing oil and gas operators, it has been determined that specific focus within Phase 1 development of PetroBLOX will be centered around the creation of a Blockchain module pertaining to the "Procurement, Tendering and Contracts" aspect of the oil and gas ecosystem. This process is a vitally important aspect of the oil and gas supply chain. International oil and gas contracts, whether production sharing, on a technical services basis or other, typically requires transparent, competitive tendering process for the procurement of materials, equipment and services. Without such processes international oil companies are unable to recover their costs, face penalties or increase their costs. This system would be transparent and auditable by the issuing organization and their partners. It would also streamline the procurement process for all parties involved, allowing collaboration and efficiency. The prudent use of Blockchain and Decentralized Applications offers a potential solution to the challenges that are faced with governments and partners in the procurement of such services, materials and equipment, Requests for Quotation, service bids, and other ancillary products and inputs that are used in day-to-day operations. Many of the status quo processes that are utilized within the industry are archaic and could benefit greatly from the emerging trends in Blockchain technology.

"Sonoro Energy is providing invaluable input and insight into the real world issues that plague oil companies as they operate in complex and dynamic domains", stated Jeff Zanini, President and CEO of BLOX. He continued, "This knowledge will greatly assist in the software build-out of PetroBLOX as we aim to enhance transparency and ultimately benefit the supply chain flow in order to increase efficiencies in an industry which is largely still reliant on manual processes. The development of a Procurement module will be a key piece to this overall puzzle."

About Sonoro Energy

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia.

For further information please contact:

Dean Callaway

+1.403.262.3252

info@sonoroenergy.com 

www.sonoroenergy.com

About Blox Labs

Blox Labs Inc. is a technology development company focused on creating best-in-class software solutions driven by emerging trends in Blockchain, Smart Contracts and Decentralized Applications. BLOX is helping customers with solutions for business problems from proofs of concept through execution. The Company is currently piloting blockchain solutions for supply chain management and improvement as well as other areas. BLOX is actively targeting partnerships and strategic acquisitions of growth companies.

Blox Labs Inc.

Jeff Zanini, CEO and Director

Phone: +1.416.262.0871

Email: ir@bloxlabs.ca

Website: www.bloxlabs.ca

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this press release contains forward-looking information regarding the Offering, the Company's Budong Budong appraisal well, drilling operations commencement and timing, and how the proceeds from the Offering will be used by the Company.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the Offering failing to be fully subscribed for or not subscribed for at all, oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro.

The forward looking statements contained in this news release are made as of the date of this press release, and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd. at +1.403.262.3252

information@sonoroenergy.com 

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMATION IN THE UNITED STATES

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8020 Admin

13 days

8020 Admin posted a press release Sonoro Energy provides update on operations in SONORO ENERGY

July 9, 2018 / TheNewswire / Calgary, Alberta - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) announces that the Ministry of Energy in Indonesia has declined its second request for an extension of the Budong Budong Production Sharing Contract ("PSC") in Sulawesi, Indonesia. Both requests for extension had been supported by SKKMIGAS, the energy regulator whom advises the Ministry of Energy in Indonesia, and positive indication for granting such extension had been conveyed to Sonoro by SKKMIGAS on the requests to the Ministry.

In March 2018, and as previously reported, Sonoro received notice through its subsidiary companies, Stockbridge Oil and Gas Ltd. BVI and Stockbridge Budong Budong BV ("Stockbridge") that its PSC had not been extended. Since that time, Sonoro has been working with SKKMIGAS to develop a new proposal for submission to the Ministry of Energy. The second request for an extension was made on the suggestion by the Ministry of Energy to the Company after meetings in Jakarta in March. Approximately one month ago Sonoro through SKKMIGAS submitted the second request for extension to the Ministry of Energy based on the proposal it developed. This proposal and request for extension has been rejected/declined by the Ministry of Energy.

The Concession is located onshore West Sulawesi. The Company commenced drilling the LG-1 Updip appraisal well in October 2017 with operations continuing for approximately 50 days. In November 2017, the Company as approved by SKKMIGAS, cased the well without completing a flow test which was a result of dangerous gas kicks on site and unstable sand formations. The intention was to return to the wellsite in the future to complete the tests. Continuation of the PSC was subject to renewal on January 15, 2018 by the Ministry of Energy of Indonesia.

The Company will continue to pursue all avenues to obtain extension of the Budong Budong PSC and will provide updates as warranted.

The Company continues with the development of its Blockchain technology concept as well as its ongoing assessment of international oil and gas production opportunities.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd.

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

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8020 Admin

2 months

8020 Admin posted a press release Blox Labs and Sonoro Energy To Develop Blockchain-Based Smart Contracts Ledger For The Oil and Gas Industry in SONORO ENERGY

Calgary, Alberta and Toronto, Ontario / TheNewswire / May 16, 2018 - Sonoro Energy Ltd. ("SNV") (TSXV: SNV) (Frankfurt: FDZN) (OTC: SNVFF) is pleased to announce that, in partnership with Blox Labs Inc. ("BLOX") (CSE: BLOX) (Frankfurt: BR1B), BLOX has commenced development of "PetroBLOX", a Blockchain-based smart contract supply chain management platform for the global oil and gas industry.

Through the utilization of best in class smart contracts and decentralized application technologies, PetroBLOX will aim to enable and enhance workflow, maximize project management efficiency, and increase the level of transparency in the global Exploration and Production ("E&P") space. With applications to both the upstream and downstream verticals of the oil and gas sector, PetroBLOX will endeavor to assist and ease bottlenecks ranging from permitting, planning, procurement, to rig mobilization and de-mobilization, all the way through to end-product commodity trading. Phase 1 development of PetroBLOX has begun and will include, among other things, refining project scope and modeling itemization, an environmental scan of the E&P industry status quo, PetroBLOX branding, and the completion of a Blockchain Whitepaper.

"BLOX is pleased to have entered into this partnership with Sonoro Energy whereby their expertise in the various facets of the oil and gas sector will bring valuable input to the development of PetroBLOX", stated Jeff Zanini, President & CEO of BLOX. "Our Ethereum backed smart contract platform will greatly benefit the supply chain flow and increase efficiencies to an industry which is largely still reliant on manual processes. Our clients vision of digitization and enabling immutable record keeping is visionary in this space, and we are pleased to partner with Sonoro Energy on this project".

Chris Atkinson, Chairman of Sonoro Energy stated "We are excited to be entering into a partnership with BLOX, that possesses and brings valuable information and expertise in Block Chain technology. This is a strategic move for Sonoro that will further enable and enhance our operational leverage in executing projects in SE Asia".

The Company also announces the resignation of David Robinson from the Board of Directors. The Company thanks Mr. Robinson for his valued contributions to Sonoro in the past and wishes him the best with his future endeavors.

About Sonoro Energy

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia.

For further information please contact:

Dean Callaway

+1.403.262.3252

info@sonoroenergy.com

www.sonoroenergy.com

About Blox Labs

Blox Labs Inc. is a technology development company focused on creating best-in-class software solutions driven by emerging trends in Blockchain, Smart Contracts and Decentralized Applications. BLOX is helping customers with solutions for business problems from proofs of concept through execution. The Company is currently piloting blockchain solutions for supply chain management and improvement as well as other areas. BLOX is actively targeting partnerships and strategic acquisitions of growth companies.

Blox Labs Inc.

Jeff Zanini, CEO and Director

Phone: +1.416.262.0871

Email: ir@bloxlabs.ca

Website: www.bloxlabs.ca

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

This news release includes forward-looking information within the meaning of Canadian securities legislation concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company, including future plans for development of technologies by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date of this news release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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8020 Admin

3 months

8020 Admin posted a press release Sonoro Energy Provides Update on Operations in SONORO ENERGY

May 1, 2018 / TheNewswire / Calgary, Alberta -Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) hereby announces, that it has been in discussions with the Indonesian Ministry of Energy and SKKMIGAS, the government energy regulator, to obtain the extension to the Budong Budong License which was unexpectedly terminated in February 2018 after the Company had fully fulfilled its commitments. Through these discussions, the Company has now formally submitted a new request to SKKMIGAS to seek a further extension from the Ministry of Energy. SKKMIGAS has stated that they will present and support this request to the Ministry of Energy which is currently in progress. The Minister of Energy will provide their response thereafter. It is emphasized there can be no guarantee that the Minister of Energy will provide their consent.

The Company has granted 3,500,000 stock options to Directors, Management, employees and consultants exercisable at $0.055 per share over a 5 year term in accordance with the company stock option plan. The terms and conditions of the grant are subject to the approval of the TSX Venture Exchange.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

This press release is not to be disseminated in the United States

For further information please contact:

Sonoro Energy Ltd.

+1.403.262.3252

www.sonoroenergy.com

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Vic Sangarapillai posted an update in SONORO ENERGY

4 months

Are we going to get any new updates? We need one.

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HOV posted an update in SONORO ENERGY

4 months

what are the new business opportunities? Can someone please let us know?

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Media Relations posted a press release Sonoro Announces Private Placement Offering and Update in SONORO ENERGY

(via TheNewswire)

March 23, 2018 / TheNewswire / Calgary, Alberta- Sonoro Energy Ltd. ("Sonoro" or "the Company") (TSX-V: SNV) announces that it intends to raise up to CAD$1,750,000 by way of a non-brokered private placement (the "Offering") of units, where a unit (a "Unit") consists of one common share (a "Common Share") of the Company and one common share purchase warrant (a "Warrant") of the Company. On March 14, 2018 , the Company filed a price reservation form with the TSX Venture Exchange ( the "TSXV") to price protect the placement of up to 35,000,000 units at a price of $0.05 per Unit. Each Warrant entitles the holder to purchase one Common Share within two years from the Closing Date (as hereinafter defined) of the Offering at a price of $0.10 per Common Share. Proceeds will be used for general corporate purposes and pursuit of new business opportunities.

As part of this non-brokered financing, warrants are subject to an acceleration clause. This clause states that if, four months and one day after the warrants are issued, the closing price of the common shares of the Corporation, on the principal market on which such shares trade, is equal to, or exceeds, C$0.20 for 10 consecutive trading days (with the 10th such trading date hereafter referred to as the "Eligible Acceleration Date"), the warrant expiry date shall accelerate to a date 20 calendar days after issuance of a press release by the Corporation announcing the reduced warrant term--provided, no more than five business days following the Eligible Acceleration Date, that, the press release is issued; and notices are sent to all warrant holders.

The Offering is being made pursuant to certain Canadian prospectus exemptions, including the "existing securityholder" exemption and "purchasers advised by investment dealers" exemption, where applicable. Both the "existing securityholder" and "purchasers advised by investment dealers" exemptions are collectively referred to as the "Existing Secuityholder and Retail Investor Exemptions". Existing shareholders of the Company who wish to subscribe for Units pursuant to the Offering, who held common shares of the Company as of March 22, 2018 and who continue to hold common shares of the Company, and who are permitted to subscribe under the "existing securityholder" exemption should contact the Company pursuant to the contact information set forth below in order to participate in the Offering.

The Offering is expected to close on or about March 26, 2018 (the "Closing Date") but may close earlier or later or not at all. Closing of the Offering is also subject to TSX Venture final acceptance.

All securities issued in connection with the Offering will be subject to a four month hold period from the date of issuance of such securities. The Company confirms that there is no material fact or material change related to the Company which has not been generally disclosed.

On March 12, 2018, Sonoro announced that it had not been granted an extension by the Ministry of Energy for its PSC at Budong Budong West Sulawesi, Indonesia. Since this time, the Company has had discussions with government authorities to understand the rationale behind the decision and has attempted to rectify the situation. The Company had expected to receive such extension earlier in the year based on previous discussions with the relevant parties. At this time, there has been no change in the status of the non-extension. The Company continues to pursue a solution.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this press release contains forward-looking information regarding the Offering, the Company's Budong Budong appraisal well, drilling operations commencement and timing, and how the proceeds from the Offering will be used by the Company.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the Offering failing to be fully subscribed for or not subscribed for at all, oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro.

The forward looking statements contained in this news release are made as of the date of this press release, and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd. at +1.403.262.3252

information@sonoroenergy.com

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMATION IN THE UNITED STATES

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Vic Sangarapillai posted an update in SONORO ENERGY

4 months

Please let us know what is in progress Thanks

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8020 Admin posted an update in SONORO ENERGY

4 months

We have adjusted the Admin statement to reduce any confusion for the investors in this group.

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8020 Admin commented on 8020 Admin  update in SONORO ENERGY

4 months

8020 has no involvement in regards to the conversation topic. We monitor for tone, language and keywords. Nothing in our comments relates to the operations, trading, market price, etc of the corporation.
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8020 Admin

4 months

8020 Admin posted an update inSONORO ENERGY

8020 Admin: Just a friendly reminder to keep the conversations professional and try not state personal opinions. Opinions can lead to overheated discussions. Questions and factual comments are always welcome and encouraged. Thank you.

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K. agr commented on 8020 Admin  update in SONORO ENERGY

4 months

current state? You mean we have been sold a lie? Sonoro had a good relationship with the authorities in Indonesia?, Josef Schachter said in an interview on BNN that they get the extension. Have they lied to him too? Because there is a difference in saying that we get or think we are getting. What a disappointment one gets.
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8020 Admin

4 months

8020 Admin posted an update inSONORO ENERGY

8020 Admin: Just a friendly reminder to keep the conversations professional and try not state personal opinions. Opinions can lead to overheated discussions. Questions and factual comments are always welcome and encouraged. Thank you.

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8020 Admin posted an update in SONORO ENERGY

4 months

8020 Admin: Just a friendly reminder to keep the conversations professional and try not state personal opinions. Opinions can lead to overheated discussions. Questions and factual comments are always welcome and encouraged. Thank you.

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Subin Cherian commented on K. agr  update in SONORO ENERGY

4 months

Yes... Extremely disappointed... No government would just terminate a contract like that out of the blue.. Sonoro knew this was coming in my opinion... They kept dragging their feet all along.
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K. agr

4 months

K. agr posted an update inSONORO ENERGY

Richard Wadsworth, I really hope you are in Indonesia now and make sure this is solved !! How could this happen? This must be the biggest failure I experienced. It's so bad so I miss words I hope you have enough character to comment on this, let us know what happens! thanks

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K. agr posted an update in SONORO ENERGY

4 months

Richard Wadsworth, I really hope you are in Indonesia now and make sure this is solved !! How could this happen? This must be the biggest failure I experienced. It's so bad so I miss words I hope you have enough character to comment on this, let us know what happens! thanks

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8020 Admin

4 months

8020 Admin posted a press release Sonoro Energy Update on Financing in SONORO ENERGY

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 14, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) announces that it has cancelled its previously announced non-brokered private placement (see press release of March 9, 2018). The financing has been cancelled due to the unexpected non-renewal of the Company's production sharing contract at Budong Budong in West Suliwesi, Indonesia. The Company has no further updates to provide on the Budong Budong project from that released on March 12, 2018 except that the Company will be meeting with government authorities in an attempt to restore the project.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd.

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Vic Sangarapillai replied to the press release 8020 Admin  update in SONORO ENERGY

4 months

...

SNV should approached local legal team to handle and manage the situation?keyboard_arrow_downShow Post

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8020 Admin

4 months

8020 Admin  posted an update in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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HOV replied to the press release 8020 Admin  update in SONORO ENERGY

4 months

...

I have so much faith in this company.... so disappointed. At this point, I have lost for words.keyboard_arrow_downShow Post

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8020 Admin

4 months

8020 Admin  posted an update in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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HOV posted an update in SONORO ENERGY

4 months

I have lost for words.

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Subin Cherian posted an update in SONORO ENERGY

4 months

Extremely disappointed in the company. Lot of frustrated investors..This company keeps giving bad news all the time.

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Philippe Vanbelleghem commented on Todd Kimberley  update in SONORO ENERGY

4 months

extension wha's only possible iff the LG-1 was drill ready .That's what I read last Year . The PP wasn't a succes so trust is gone . What about the last tranche to end the PP ? It's now in the hands off the board of SNV to prove there wrong and this still can be go true . I hope for the best and SNV
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Vic Sangarapillai replied to the press release 8020 Admin  update in SONORO ENERGY

4 months

...

What do we do now? Hope for the best or hope for the worst? Is anybody know the next move? keyboard_arrow_downShow Post

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8020 Admin

4 months

8020 Admin  posted an update in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

!
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8020 Admin

4 months

8020 Admin posted a press release Sonoro Energy update on activities in Indonesia in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

!

SONORO ENERGY

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Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia. To hear directly from management join our investor group today!

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SONORO ENERGY

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Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia an......

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8020 Admin posted a press release Sonoro Energy and Blox Labs Commence Development of Procurement, Tendering and Contracts Module for PetroBLOX - Smart Contracts Ledger For The Oil and Gas Industry in SONORO ENERGY

(via TheNewswire)

Calgary, Albertaand Toronto, Ontario / TheNewswire / July 16, 2018 - Sonoro Energy Ltd. ("SNV") (TSX-V: SNV) (Frankfurt: FDZN) (OTC: SNVFF), is pleased to announce that in partnership withBlox Labs Inc. ("BLOX") (CSE: BLOX) (Frankfurt: BR1B),Phase 1 development continues to progress on"PetroBLOX",a Blockchain-based smart contract supply chain management platform for the global oil and gas industry.

After analyzing various pain-points and bottlenecks facing oil and gas operators, it has been determined that specific focus within Phase 1 development of PetroBLOX will be centered around the creation of a Blockchain module pertaining to the "Procurement, Tendering and Contracts" aspect of the oil and gas ecosystem. This process is a vitally important aspect of the oil and gas supply chain. International oil and gas contracts, whether production sharing, on a technical services basis or other, typically requires transparent, competitive tendering process for the procurement of materials, equipment and services. Without such processes international oil companies are unable to recover their costs, face penalties or increase their costs. This system would be transparent and auditable by the issuing organization and their partners. It would also streamline the procurement process for all parties involved, allowing collaboration and efficiency. The prudent use of Blockchain and Decentralized Applications offers a potential solution to the challenges that are faced with governments and partners in the procurement of such services, materials and equipment, Requests for Quotation, service bids, and other ancillary products and inputs that are used in day-to-day operations. Many of the status quo processes that are utilized within the industry are archaic and could benefit greatly from the emerging trends in Blockchain technology.

"Sonoro Energy is providing invaluable input and insight into the real world issues that plague oil companies as they operate in complex and dynamic domains", stated Jeff Zanini, President and CEO of BLOX. He continued, "This knowledge will greatly assist in the software build-out of PetroBLOX as we aim to enhance transparency and ultimately benefit the supply chain flow in order to increase efficiencies in an industry which is largely still reliant on manual processes. The development of a Procurement module will be a key piece to this overall puzzle."

About Sonoro Energy

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia.

For further information please contact:

Dean Callaway

+1.403.262.3252

info@sonoroenergy.com 

www.sonoroenergy.com

About Blox Labs

Blox Labs Inc. is a technology development company focused on creating best-in-class software solutions driven by emerging trends in Blockchain, Smart Contracts and Decentralized Applications. BLOX is helping customers with solutions for business problems from proofs of concept through execution. The Company is currently piloting blockchain solutions for supply chain management and improvement as well as other areas. BLOX is actively targeting partnerships and strategic acquisitions of growth companies.

Blox Labs Inc.

Jeff Zanini, CEO and Director

Phone: +1.416.262.0871

Email: ir@bloxlabs.ca

Website: www.bloxlabs.ca

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this press release contains forward-looking information regarding the Offering, the Company's Budong Budong appraisal well, drilling operations commencement and timing, and how the proceeds from the Offering will be used by the Company.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the Offering failing to be fully subscribed for or not subscribed for at all, oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro.

The forward looking statements contained in this news release are made as of the date of this press release, and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd. at +1.403.262.3252

information@sonoroenergy.com 

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMATION IN THE UNITED STATES

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8020 Admin

13 days

8020 Admin posted a press release Sonoro Energy provides update on operations in SONORO ENERGY

July 9, 2018 / TheNewswire / Calgary, Alberta - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) announces that the Ministry of Energy in Indonesia has declined its second request for an extension of the Budong Budong Production Sharing Contract ("PSC") in Sulawesi, Indonesia. Both requests for extension had been supported by SKKMIGAS, the energy regulator whom advises the Ministry of Energy in Indonesia, and positive indication for granting such extension had been conveyed to Sonoro by SKKMIGAS on the requests to the Ministry.

In March 2018, and as previously reported, Sonoro received notice through its subsidiary companies, Stockbridge Oil and Gas Ltd. BVI and Stockbridge Budong Budong BV ("Stockbridge") that its PSC had not been extended. Since that time, Sonoro has been working with SKKMIGAS to develop a new proposal for submission to the Ministry of Energy. The second request for an extension was made on the suggestion by the Ministry of Energy to the Company after meetings in Jakarta in March. Approximately one month ago Sonoro through SKKMIGAS submitted the second request for extension to the Ministry of Energy based on the proposal it developed. This proposal and request for extension has been rejected/declined by the Ministry of Energy.

The Concession is located onshore West Sulawesi. The Company commenced drilling the LG-1 Updip appraisal well in October 2017 with operations continuing for approximately 50 days. In November 2017, the Company as approved by SKKMIGAS, cased the well without completing a flow test which was a result of dangerous gas kicks on site and unstable sand formations. The intention was to return to the wellsite in the future to complete the tests. Continuation of the PSC was subject to renewal on January 15, 2018 by the Ministry of Energy of Indonesia.

The Company will continue to pursue all avenues to obtain extension of the Budong Budong PSC and will provide updates as warranted.

The Company continues with the development of its Blockchain technology concept as well as its ongoing assessment of international oil and gas production opportunities.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd.

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

!
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8020 Admin

2 months

8020 Admin posted a press release Blox Labs and Sonoro Energy To Develop Blockchain-Based Smart Contracts Ledger For The Oil and Gas Industry in SONORO ENERGY

Calgary, Alberta and Toronto, Ontario / TheNewswire / May 16, 2018 - Sonoro Energy Ltd. ("SNV") (TSXV: SNV) (Frankfurt: FDZN) (OTC: SNVFF) is pleased to announce that, in partnership with Blox Labs Inc. ("BLOX") (CSE: BLOX) (Frankfurt: BR1B), BLOX has commenced development of "PetroBLOX", a Blockchain-based smart contract supply chain management platform for the global oil and gas industry.

Through the utilization of best in class smart contracts and decentralized application technologies, PetroBLOX will aim to enable and enhance workflow, maximize project management efficiency, and increase the level of transparency in the global Exploration and Production ("E&P") space. With applications to both the upstream and downstream verticals of the oil and gas sector, PetroBLOX will endeavor to assist and ease bottlenecks ranging from permitting, planning, procurement, to rig mobilization and de-mobilization, all the way through to end-product commodity trading. Phase 1 development of PetroBLOX has begun and will include, among other things, refining project scope and modeling itemization, an environmental scan of the E&P industry status quo, PetroBLOX branding, and the completion of a Blockchain Whitepaper.

"BLOX is pleased to have entered into this partnership with Sonoro Energy whereby their expertise in the various facets of the oil and gas sector will bring valuable input to the development of PetroBLOX", stated Jeff Zanini, President & CEO of BLOX. "Our Ethereum backed smart contract platform will greatly benefit the supply chain flow and increase efficiencies to an industry which is largely still reliant on manual processes. Our clients vision of digitization and enabling immutable record keeping is visionary in this space, and we are pleased to partner with Sonoro Energy on this project".

Chris Atkinson, Chairman of Sonoro Energy stated "We are excited to be entering into a partnership with BLOX, that possesses and brings valuable information and expertise in Block Chain technology. This is a strategic move for Sonoro that will further enable and enhance our operational leverage in executing projects in SE Asia".

The Company also announces the resignation of David Robinson from the Board of Directors. The Company thanks Mr. Robinson for his valued contributions to Sonoro in the past and wishes him the best with his future endeavors.

About Sonoro Energy

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia.

For further information please contact:

Dean Callaway

+1.403.262.3252

info@sonoroenergy.com

www.sonoroenergy.com

About Blox Labs

Blox Labs Inc. is a technology development company focused on creating best-in-class software solutions driven by emerging trends in Blockchain, Smart Contracts and Decentralized Applications. BLOX is helping customers with solutions for business problems from proofs of concept through execution. The Company is currently piloting blockchain solutions for supply chain management and improvement as well as other areas. BLOX is actively targeting partnerships and strategic acquisitions of growth companies.

Blox Labs Inc.

Jeff Zanini, CEO and Director

Phone: +1.416.262.0871

Email: ir@bloxlabs.ca

Website: www.bloxlabs.ca

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-Looking Information

This news release includes forward-looking information within the meaning of Canadian securities legislation concerning the business of the Company. Forward-looking information is based on certain key expectations and assumptions made by the management of the Company, including future plans for development of technologies by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date of this news release. The Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

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8020 Admin

3 months

8020 Admin posted a press release Sonoro Energy Provides Update on Operations in SONORO ENERGY

May 1, 2018 / TheNewswire / Calgary, Alberta -Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) hereby announces, that it has been in discussions with the Indonesian Ministry of Energy and SKKMIGAS, the government energy regulator, to obtain the extension to the Budong Budong License which was unexpectedly terminated in February 2018 after the Company had fully fulfilled its commitments. Through these discussions, the Company has now formally submitted a new request to SKKMIGAS to seek a further extension from the Ministry of Energy. SKKMIGAS has stated that they will present and support this request to the Ministry of Energy which is currently in progress. The Minister of Energy will provide their response thereafter. It is emphasized there can be no guarantee that the Minister of Energy will provide their consent.

The Company has granted 3,500,000 stock options to Directors, Management, employees and consultants exercisable at $0.055 per share over a 5 year term in accordance with the company stock option plan. The terms and conditions of the grant are subject to the approval of the TSX Venture Exchange.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

This press release is not to be disseminated in the United States

For further information please contact:

Sonoro Energy Ltd.

+1.403.262.3252

www.sonoroenergy.com

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Vic Sangarapillai posted an update in SONORO ENERGY

4 months

Are we going to get any new updates? We need one.

!
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HOV posted an update in SONORO ENERGY

4 months

what are the new business opportunities? Can someone please let us know?

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Media Relations posted a press release Sonoro Announces Private Placement Offering and Update in SONORO ENERGY

(via TheNewswire)

March 23, 2018 / TheNewswire / Calgary, Alberta- Sonoro Energy Ltd. ("Sonoro" or "the Company") (TSX-V: SNV) announces that it intends to raise up to CAD$1,750,000 by way of a non-brokered private placement (the "Offering") of units, where a unit (a "Unit") consists of one common share (a "Common Share") of the Company and one common share purchase warrant (a "Warrant") of the Company. On March 14, 2018 , the Company filed a price reservation form with the TSX Venture Exchange ( the "TSXV") to price protect the placement of up to 35,000,000 units at a price of $0.05 per Unit. Each Warrant entitles the holder to purchase one Common Share within two years from the Closing Date (as hereinafter defined) of the Offering at a price of $0.10 per Common Share. Proceeds will be used for general corporate purposes and pursuit of new business opportunities.

As part of this non-brokered financing, warrants are subject to an acceleration clause. This clause states that if, four months and one day after the warrants are issued, the closing price of the common shares of the Corporation, on the principal market on which such shares trade, is equal to, or exceeds, C$0.20 for 10 consecutive trading days (with the 10th such trading date hereafter referred to as the "Eligible Acceleration Date"), the warrant expiry date shall accelerate to a date 20 calendar days after issuance of a press release by the Corporation announcing the reduced warrant term--provided, no more than five business days following the Eligible Acceleration Date, that, the press release is issued; and notices are sent to all warrant holders.

The Offering is being made pursuant to certain Canadian prospectus exemptions, including the "existing securityholder" exemption and "purchasers advised by investment dealers" exemption, where applicable. Both the "existing securityholder" and "purchasers advised by investment dealers" exemptions are collectively referred to as the "Existing Secuityholder and Retail Investor Exemptions". Existing shareholders of the Company who wish to subscribe for Units pursuant to the Offering, who held common shares of the Company as of March 22, 2018 and who continue to hold common shares of the Company, and who are permitted to subscribe under the "existing securityholder" exemption should contact the Company pursuant to the contact information set forth below in order to participate in the Offering.

The Offering is expected to close on or about March 26, 2018 (the "Closing Date") but may close earlier or later or not at all. Closing of the Offering is also subject to TSX Venture final acceptance.

All securities issued in connection with the Offering will be subject to a four month hold period from the date of issuance of such securities. The Company confirms that there is no material fact or material change related to the Company which has not been generally disclosed.

On March 12, 2018, Sonoro announced that it had not been granted an extension by the Ministry of Energy for its PSC at Budong Budong West Sulawesi, Indonesia. Since this time, the Company has had discussions with government authorities to understand the rationale behind the decision and has attempted to rectify the situation. The Company had expected to receive such extension earlier in the year based on previous discussions with the relevant parties. At this time, there has been no change in the status of the non-extension. The Company continues to pursue a solution.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this press release contains forward-looking information regarding the Offering, the Company's Budong Budong appraisal well, drilling operations commencement and timing, and how the proceeds from the Offering will be used by the Company.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the Offering failing to be fully subscribed for or not subscribed for at all, oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro.

The forward looking statements contained in this news release are made as of the date of this press release, and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd. at +1.403.262.3252

information@sonoroenergy.com

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR FOR DISSEMATION IN THE UNITED STATES

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Vic Sangarapillai posted an update in SONORO ENERGY

4 months

Please let us know what is in progress Thanks

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8020 Admin posted an update in SONORO ENERGY

4 months

We have adjusted the Admin statement to reduce any confusion for the investors in this group.

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8020 Admin commented on 8020 Admin  update in SONORO ENERGY

4 months

8020 has no involvement in regards to the conversation topic. We monitor for tone, language and keywords. Nothing in our comments relates to the operations, trading, market price, etc of the corporation.
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8020 Admin

4 months

8020 Admin posted an update inSONORO ENERGY

8020 Admin: Just a friendly reminder to keep the conversations professional and try not state personal opinions. Opinions can lead to overheated discussions. Questions and factual comments are always welcome and encouraged. Thank you.

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K. agr commented on 8020 Admin  update in SONORO ENERGY

4 months

current state? You mean we have been sold a lie? Sonoro had a good relationship with the authorities in Indonesia?, Josef Schachter said in an interview on BNN that they get the extension. Have they lied to him too? Because there is a difference in saying that we get or think we are getting. What a disappointment one gets.
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8020 Admin

4 months

8020 Admin posted an update inSONORO ENERGY

8020 Admin: Just a friendly reminder to keep the conversations professional and try not state personal opinions. Opinions can lead to overheated discussions. Questions and factual comments are always welcome and encouraged. Thank you.

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8020 Admin posted an update in SONORO ENERGY

4 months

8020 Admin: Just a friendly reminder to keep the conversations professional and try not state personal opinions. Opinions can lead to overheated discussions. Questions and factual comments are always welcome and encouraged. Thank you.

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Subin Cherian commented on K. agr  update in SONORO ENERGY

4 months

Yes... Extremely disappointed... No government would just terminate a contract like that out of the blue.. Sonoro knew this was coming in my opinion... They kept dragging their feet all along.
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K. agr

4 months

K. agr posted an update inSONORO ENERGY

Richard Wadsworth, I really hope you are in Indonesia now and make sure this is solved !! How could this happen? This must be the biggest failure I experienced. It's so bad so I miss words I hope you have enough character to comment on this, let us know what happens! thanks

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K. agr posted an update in SONORO ENERGY

4 months

Richard Wadsworth, I really hope you are in Indonesia now and make sure this is solved !! How could this happen? This must be the biggest failure I experienced. It's so bad so I miss words I hope you have enough character to comment on this, let us know what happens! thanks

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8020 Admin

4 months

8020 Admin posted a press release Sonoro Energy Update on Financing in SONORO ENERGY

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 14, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) announces that it has cancelled its previously announced non-brokered private placement (see press release of March 9, 2018). The financing has been cancelled due to the unexpected non-renewal of the Company's production sharing contract at Budong Budong in West Suliwesi, Indonesia. The Company has no further updates to provide on the Budong Budong project from that released on March 12, 2018 except that the Company will be meeting with government authorities in an attempt to restore the project.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Sonoro Energy Ltd.

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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Vic Sangarapillai replied to the press release 8020 Admin  update in SONORO ENERGY

4 months

...

SNV should approached local legal team to handle and manage the situation?keyboard_arrow_downShow Post

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8020 Admin

4 months

8020 Admin  posted an update in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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HOV replied to the press release 8020 Admin  update in SONORO ENERGY

4 months

...

I have so much faith in this company.... so disappointed. At this point, I have lost for words.keyboard_arrow_downShow Post

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8020 Admin

4 months

8020 Admin  posted an update in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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HOV posted an update in SONORO ENERGY

4 months

I have lost for words.

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Subin Cherian posted an update in SONORO ENERGY

4 months

Extremely disappointed in the company. Lot of frustrated investors..This company keeps giving bad news all the time.

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Philippe Vanbelleghem commented on Todd Kimberley  update in SONORO ENERGY

4 months

extension wha's only possible iff the LG-1 was drill ready .That's what I read last Year . The PP wasn't a succes so trust is gone . What about the last tranche to end the PP ? It's now in the hands off the board of SNV to prove there wrong and this still can be go true . I hope for the best and SNV
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Vic Sangarapillai replied to the press release 8020 Admin  update in SONORO ENERGY

4 months

...

What do we do now? Hope for the best or hope for the worst? Is anybody know the next move? keyboard_arrow_downShow Post

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8020 Admin

4 months

8020 Admin  posted an update in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

!
Thumb 8020 monitor 200 200  png

8020 Admin

4 months

8020 Admin posted a press release Sonoro Energy update on activities in Indonesia in SONORO ENERGY

 

(via TheNewswire)

Calgary, Alberta / TheNewswire / March 12, 2018 - Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV: SNV) has been advised by SKKMIGAS, the energy regulatory in Indonesia, that it has not renewed the Company's Production Sharing Contract ("PSC") for the Budong Budong PSC in West Suliwesi, Indonesia. The Company has contacted SKKMIGAS to seek immediate clarification of the situation as the Company had been given verbal assurance that the extension was forthcoming and there is no explanation or rationale provided in the notice received. The Company is working urgently with the relevant authorities in Indonesia to restore the PSC and will continue these efforts.

On March 9, 2018 the Company announced the closing of the first tranche of a private placement. Closing of that placement will be delayed pending resolution of this situation.

The Company will provide an update as soon as additional information regarding the status of the PSC becomes available.

About Sonoro

Sonoro is an international oil and gas resource exploration and development company with a focus on Southeast Asia and its onshore Budong Budong production sharing contract in Sulawesi Indonesia.

Forward-looking Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may," "should," "anticipate," "expects," "estimates," "seeks" and similar expressions. In particular, without limiting the generality of the foregoing, this news release contains forward-looking information regarding the PSC.

Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals, changes in legislation including but not limited to income tax, environmental laws and regulatory matters, and ability to access sufficient capital from internal and external sources. Readers are cautioned that the foregoing list of factors is not exhaustive.

Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Additional information on these and other factors that could affect Sonoro's operations or financial results are included in Sonoro's reports on file with Canadian securities regulatory authorities and may be accessed through the SEDAR website (www.sedar.com) or by contacting Sonoro. The forward looking statements contained in this news release are made as of the date of this news release and Sonoro does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by securities law.

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 this release.

For further information please contact:

Richard Wadsworth

CEO and Director

or

Dean Callaway

CFO

+1.403.262.3252

www.sonoroenergy.com

This press release is not to be disseminated in the United States

Copyright (c) 2018 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

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