BNET Industries

Sonoran Energy Inc.

(SNRN) is in the Energy Industry

Market Cap:$377.1K
Last Fiscal Year Sales:$2.3M
  • Public
  • US
Dow Jones Description

Sonoran Energy, Inc. is a US-based independent oil and gas company engaged in the acquisition, development, production and exploitation of oil and gas properties. Our current focus is on properties located in North America. When domestic production reaches a critical mass we will re-evaluate the suitability of adding an exploratory and international component to our strategy, in order to add higher impact projects to our portfolio.. Our primary objective is to increase shareholder value. To accomplish this objective, our business strategy is currently focused on further exploitation of our existing properties. We seek to add proved reserves and increase production through the use of advanced technologies, including detailed reservoir engineering analysis, drilling development wells utilizing sophisticated techniques and selectively re-completing existing wells. We also focus on reducing the per unit operating costs associated with our properties. We operate all our properties. The properties we have acquired have significant potential and in certain cases have not been properly exploited in the past. We intend to create and maintain substantial borrowing capacity and access to the capital markets as we continue to look for opportunities, both organically and through acquisitions to grow the company into a more substantial independent oil and gas company.

Contact Information

11300 West Olympic Blvd.

Suite 800

Los Angeles, California 90064

sonoranenergy.c...

866-599-7676

NAICS Code Crude Petroleum and Natural Gas Extraction: 211111

News & Analysis

sonoran energy inc. - All News and Analysis

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     SNRN $0.00 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 54,558
Shares Outstanding 145.17M
Market Cap 348.4K
Year High 0.03
Year Low 0.002
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated
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