Saturn Oil & Gas Inc. T.SOIL

SE Sask Deals

[oiltycoon11]

The recent news from Surge makes the Saturn deal look pretty good. I think it was key that they got it done before this latest surge in oil price.

https://surgeenergy.mediaroom.com/2021-06-22-Surge-Energy-Inc-Announces-Strategic-160-Million-Southeast-Saskatchewan-Light-Oil-Acquisition-New-215-Million-Credit-Facility-and-Upward-Revision-to-2021-Exit-Rate-and-2022-Production-Guidance

[peterj99]

Biden just about guarantees high oil prices during his term in office My guess is that SOIL will make a ton of money and that will be reflected in their EPS and share price mpo .

[Pumpjack]

No it doesn't. Sure the $/bbl look good on the saturn deal, until you look at the liabilities. Saturn took on over $180 million in liabilities. The Surge deal takes on no such liabilities. I don't understand how not a single person has commented on the liabilities with this deal. You know its scary when Saturnavoids to quote the number of non-producing wellbores taken on in this deal.

[frostback]

Pumpjack - Saturn has a very good track record......of pumping themselves up by overpromising and under delivering. I don't own any shares as I have been scared off by the schanagians of past deals that did not pan out as advertised, but keep an eye on what is happening here for comedic value. Perhaps this time its different and time will tell. Members of the BoD need to get back to work and

[ThatAlbertaGuy]

pumpjack and frost back have SH scores of 0 so brand new accounts they probably just drumming up fear . Do your own DD ignore these clowns   

[peterj99]

You posted: "Members of the BoD need to get back to work and stop wasting time posting fluff on SH for starters." Which poster or posters are Saturm personnel? TIA

[halkirkbob]

My guess would be oiltycoon. Look at the date his account was started and the pumping began. Should be working on getting some govt money for abandonments instead of stroking his own ego 

[peterj99]

  IMHO No insider from any company would post anonymously on a public bulletin board. The regulators would be very harsh in that case I have no idea how many employees Saturn has But if the mail room clerk posts something, that would not be a problem (If they had a mail room clerk). That “oily guy” seems to know a lot about the area and the oil industry I have been accused of

[Insidersinsider]

All oil companies run on dept. Need to ask yourself why would a company put everything towards their dept and pay it off?  I assume so they can go private and not have to deal with the D Bags like consortman. Look at similar companies like GXE or YGR...SOil should be at least .40-.50 all day!!!  Now...why is this stock is not trading like every other oil company and being reflective or

[frostback]

Why you ask? History of what has happened in the last 6 or 7 years is most probable. As i have said before over promise and under deliver, increase salary, expensive move to Calgary for no reason other than to stroke the ego of sr management. Have a look at the past press releases and one can get a sense of why the market stays away. As for consortman, he has been fairly consistent in his views