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Saturn Oil & Gas Inc. T.SOIL

Alternate Symbol(s):  T.SOIL.WT.A | OILSF

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 Company's producing properties in Southeast Saskatchewan includes Oxbow assets, which are geologically concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The producing properties in West Central Saskatchewan consist of Viking assets. The producing properties in Central Alberta consist of Cardium assets. The producing properties in North Alberta consist of assets located in the Kaybob and Deer Mountain areas of Alberta.


TSX:SOIL - Post by User

Bullboard Posts
Post by slugger56on Apr 15, 2010 12:12am
754 Views
Post# 16993518

Calgary Investor Show

Calgary Investor Show
First of all , I have to say that the content here has been poor at best.

I talked to the SMI people at length and was told that most of the best targets they had have not yet been drilled due to not having permits for them.  They also said that some of the best targets they have to drill are on the Manitoba side and are quite shallow (30 ft or less) and are planning on drilling this summer with a different type of cheaper drilling method. (maybe because of shallow depth and more holes?)

They also said that an announcement of a proposed power plant would greatly propel all area plays to many multiples of where they are currently trading at.  I have a good feeling about these guys, and I increased my position this week, as I feel this is an excellent entry point.

dyodd, glta
Bullboard Posts