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TRANSFORMATIONAL LIGHT OIL ASSET


Expanding Production to 27,000 boe/d
Saturn Oil and Gas Inc. is a public energy company focused on aquistion and development of undervalued, low-risk, cash flowing assests.





 

Bullboard - Investor Discussion Forum Saturn Oil & Gas Inc. T.SOIL

Alternate Symbol(s):  OILSF | T.SOIL.W.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... see more

TSX:SOIL - Post Discussion

Saturn Oil & Gas Inc. > Trouble is D-bag managment has almost 60% and 50% of 2024/25
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Post by drunk@noon on Mar 25, 2024 10:01am

Trouble is D-bag managment has almost 60% and 50% of 2024/25

production poorly hedged 9i.e approx $70 for 2024 and $65 for 2025.
Comment by ppp on Mar 26, 2024 9:18am
Can't  blame it on these guys. those hedges came with Ridgeback. But yes, it's the only negative this company has. Even with the hedges, they blow everyone out of the water with their netbacks.
Comment by Kpitreal on Apr 08, 2024 10:45am
The hedge while not ideal is taken to ensure that they can make their debt payments no mattet what. Ensuring the company can pay its bills and move on the a more manageable debt level. Insurance on going forward. Ok with me. 2025 or 2026 hegges won't be necessary or required imo
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Canada’s Fastest Growing
Oil & Gas Company


2023 Year-End Highlights:

  • Record average production of 26,891 boe/d, a 115% increase compared to 12,514 boe/d in Q4 2022;

  • Generated quarterly adjusted EBITDA of $100.1 million, compared to $62.2 million in Q4 2022;

  • Achieved record quarterly adjusted funds flow of $80.2 million, an 58% increase compared to $50.7 million in Q4 2022;

During 2023, Saturn drilled a total of 59 gross (48.8 net) horizontal wells targeting light oil with a 100% success rate.

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Saturn Oil + Gas Inc.
Suite 1000 - 207 9 Ave SW
Calgary, AB T2P 1K3
Canada

Office: +1-587-392-7900
Emergency: +1-855-345-7111
Email: info@saturnoil.com