Saturn Oil & Gas Inc. T.SOIL

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

Saturn Oil & Gas Inc.

Bullboard Posts

Comment by Kaybobon Dec 19, 2017 11:14am

73 Views

Post# 27187010

RE:Decline Rates

Can be as high as 60% in the first year. Then flattens out after that. Waterflood helps and has been proven to be very effective in the Viking. So the thing about declines is if you start at 150 and have a 60% decline you are at 90bbls after the first year. If you start at 50bbls per day (which alot of Viking wells do start at) then you are at 30 after one year. Those in the sweet spot win. It also makes for a more effective waterflood with better reservoir rock. The news is all good.

Bullboard Posts

How a junior advances one of the largest undeveloped diamond projects