Saturn Oil & Gas Inc. T.SOIL

my take

[peterj99]

Oil is sold in USD and Saskatchewan costs (labor, energy etc.) are in CAD
That has to help

US oil production is down and the world is coming out of the Covid crisis.
That should increase demand.

Biden almost guarantees lower American oil production

My guess is that Saturn's oil production will grow and so the hedged oil in the future years will grow even though the percentage will be lower.

I just hope Russia and the Saudis don't get into an oil squabble again but Saturn has a good hedge

lastly: to any of you environmental ecologists out there, I don't care if the hantavirus ever becomes endangered.
I hope it becomes extinct like the dinosaur

[oiltycoon11]

This deal is great for both companies. Crescent Point has been trying sell that property for awhile because it's not core to them and it's not a resource play like Viewfield. They have neglected it for years and any wells that went down for maintenance they never brought back on. They haven't had a team in the office looking after that area for awhile. Now Saturn comes in and puts