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Saturn Oil & Gas Inc. T.SOIL

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

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
Comment by Kaybobon Aug 19, 2018 3:35pm
71 Views
Post# 28484058

RE:Extended Reach Well’s

RE:Extended Reach Well’sSaturn looking good.  If I may, cause I am an oilguy, the extended reach well just mean they go out further.  For example the typical hz might go 600 meters out in the Viking and extended reach hz might go 1200 meters and thus the extended reach.  These are all still at the same TVD and all still in the Viking.  The positive is the extended reach wells open up that much more of the reservior and the negative is they take longer and are more difficult to drill and thus are more expensive.  In some reservoirs the extended reach have been great others the shorter or multi-leg horizontals are preferred.  Multi-leg is not usually done in a zone that requires fracing.  Teine is a great partner.
Bullboard Posts