Sonde Resources Corp

Exploration and production of oil and natural gas.

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Message: New Press Release - Comment

duncanmcl in terms of your last question I have no idea how much money SNG has on hand. SNG has a certain amount of monthly cash flow that they get from their oil and gas producing properties in Western Canada. In fact their Q3 Report stated that they have no debt or very little debt. It was also mentioned before Christmas that SNG was going to sell their Western Canadian oil and gas properties early in 2009 which they still may do. There is no way of knowing if SNG is in the process of selling their Western gas and oil wells and land at present. If they do this would certainly raise more than $47 million evern in this economic climate.

Best Wishes; Scott






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