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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 resource company. The Company is engaged in the business of acquisition, exploration and development of petroleum and natural gas resource deposits in Western Canada. It focuses on advancing the exploration and development of its oil and gas properties in Alberta and Saskatchewan. It also focuses on the development of light oil weighted assets in Saskatchewan. Its portfolio includes Southeast Saskatchewan, West Central Saskatchewan, Central Alberta, and North Albert. The core producing properties in Southeast Saskatchewan include its Oxbow assets, which are concentrated within the Mississippian-aged, Midale and Frobisher oil formations and the Bakken assets concentrated in the Bakken formation of Southeast Saskatchewan. The core producing properties in West Central Saskatchewan consist of its Viking assets. The core producing properties in Central Alberta consist of its Cardium assets.


TSX:SOIL - Post by User

Bullboard Posts
Comment by snoozlegroibon Jul 17, 2008 11:47am
255 Views
Post# 15302549

RE: LOL

RE: LOLI don't think so. They issue permits all the time to exploration companies who have no guarantee of finding anything, just like GXS had permits to drill for diamonds before they found coal. I don't think they use factors like that in their decision-making process.  I think their main consideration is to make sure the companies they issue permits to are actually going to work their claims and not just sit on them or flip them off to somebody else.
Bullboard Posts