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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 Nov 18, 2018 7:31pm
113 Views
Post# 28992108

RE:Saturn needs to pull its head out of its Uranus

RE:Saturn needs to pull its head out of its UranusI do not know Saturns particular issues with differentials but other producers in the same area as Saturn are definately dealing wih differentials but to say they are doomed are incorrect.  Differentials can also turn around as quickly as they rose.  Your claim of them almost getting "no dollars" for their oil are not correct.  Their loan is definately of concern with reduced WTI and the differntial issues and some bottleneck issues.  These guys have their challenges of inexperience, big time declines and some oil pricing issues at the moment but they are far from doomed.  I do find it really funny that they can issue flowthru at 24 cents and a 24 cent unit and somehow the stockprice stays at that level or above in an environment like we are going through in the last month.  Who am I to say but.....good on you Saturn...the rest of the oil stocks have dropped big time.
Bullboard Posts