Sonoran Energy Commences Trading on the Berlin Stock Exchange.Energy Editors/Business Editors LOS ANGELES--(BUSINESS WIRE)--April 22, 2004 Sonoran Energy, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :SNRN SNRN Sorry, Not Right Now ) (BERLIN:OY3) President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Peter Ostenfeld-Rosethal is pleased to announce that the Company has commenced trading on the Berlin Stock Exchange under the trading symbol Trading symbol See: Ticker symbol OY3 and the German securities code (WKN WKN Wertpapier-Kenn-Nummer (identifying number assigned to securities traded in Germany) WKN Warrior Knowledge Network (US Army) ) 925779. For company stock quotes go to www.berlinerboerse.de and type in the WKN number 925779 in top left hand box, or go to Yahoo Finance (http://finance.yahoo.com/) and enter the symbol SNRN.BE. "This expanded trading improves the ability of German and other European investors to buy and sell Sonoran Energy shares in Euros, making transactions easier and less expensive," says Peter Ostenfeld-Rosenthal, CEO of Sonoran Energy, Inc. "The Berlin Stock Exchange will make obtaining shares less problematic for European stockholders and will help improve liquidity in our common stock." No new shares have been issued as part of these free listings and the improved visibility for Sonoran Energy and improved liquidity for Sonoran Energy shareholders could produce an improvement in shareholder value as the Company continues its rapid growth in 2004. About Sonoran Energy Sonoran Energy, Inc. is an independent oil and gas company with a presence in Iraq and North America. The Company intends to build a portfolio of high producing oil and gas fields in Iraq with production potential in excess of 50,000 barrels of oil per day (BOEPD BOEPD Barrels of Oil Equivalent Per Day ), and is pursuing material and high value global oil and gas upstream opportunities. This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. |
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