Sonoro Energy Ltd. commences first production from 14-29-32-23 W3 well

CALGARY, Canada (Jan. 11, 2024)—Sonoro Energy Ltd. ("Sonoro" or the "Company") (TSXV:SNV) is pleased to announce the commencement of production and positive results at its recently drilled 14-29-32-23 W3 well.

The multilateral horizontal well was run on production at 19:00 on Jan. 10, and over an 11-hour period has produced at an equivalent rate of 178 bbl/d of fluid. The well is currently producing at this rate with a strong volume of casing gas and abundant fluid level in the well.

Field staff are attending to the well hourly, and the well is being remotely monitored with a SCADA system that was installed during completion operations. The pump was started at the lowest speed corresponding to the fluid rate currently observed. The Company is in the process of taking initial samples to determine the oil percentage of the produced fluids.

Sonoro plans to optimize production rates by methodically increasing pump speeds and drawing down the fluid level as we aim to achieve the total production rates previously stated. Based on these initial results, Sonoro’s expectations remain the same in terms of timing for cleanup and optimized production rates.

David Leung, Sonoro’s Chief Operating Officer, comments: “We are pleased with these initial results and want to commend the field staff for achieving first production and maintaining operations in a safe manner while under the current extreme weather conditions. We will continue to diligently monitor and optimize the well during this initial start-up phase. We are encouraged by the rates of fluid and gas along with abundant fluid level, which validates the good reservoir deliverability that we expected.”

View or download this news release in PDF format.