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Bullboard - Stock Discussion Forum Saturn Oil & Gas Inc. OILSF


Primary Symbol: T.SOIL Alternate Symbol(s):  T.SOIL.R | T.SOIL.W.A

Energy Oil & Gas E&P
Saturn Oil & Gas Inc. is a Canada-based energy company. The Company’s focus is to advance the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It has assembled a portfolio of assets in Southeastern Saskatchewan, West Central Saskatchewan and Central/Northern Alberta that provide an inventory of economic drilling opportunities across multiple zones. The... see more

TSX:SOIL - Post Discussion

Saturn Oil & Gas Inc. > Debt
View:
Post by Rainyday on Jan 22, 2023 11:51pm

Debt

They will have a lot of debt but oil futures for the rest of 2023 are about $80 so by judicious hedging they should be able to safely reduce the debt with aggressive repayments - which is their intention.
Comment by Arbitrage1970 on Jan 23, 2023 2:17am
If your building a company for the kokg term .  This asset gives us foundation. It's a building block. This is a massive asset. We got 17 k BOE for 525 M.     One of astute posters ealier mentioned that they ( Ridgeback) may have not invested much in maintence and drilling and who knows we might have to get our hands dirty and get it back to shape.   The price is ...more  
Saturn Oil & Gas Inc.
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