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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 Aug 08, 2008 3:19pm
274 Views
Post# 15369952

RE: RE: Best location - free

RE: RE: Best location - freeGood advice, High Test, to save those maps. I did, and I have both the KEX and RD maps, and they both show a large block N and NW of GXS that they call "pending permit applications." On WGF's latest map (the one that came with the permit NR) they include that area lumped in with GXS's claim in what they call "active permits," and above that is some more of WGF pending applications.  But if you look at the map and look at where that area butts up against the Manitoba border, as you follow the border North, there's a little hitch to the West--that's where GXS's land ends, and then there's this whole big area between GXS's northern border and where WGF has more claims way up North.  I'm guessing that most of that area was staked by SMI and maybe some by CAJ--I'm guessing that CAJ may have staked more to the NE and SMI to the N and NW (closer to GXS's latest hits, i.e. the good stuff), in addition to the "mystery area" to the W and NW and also in the S, which is why I think that SMI has the best land package of the area plays, so for all of those who bought higher only to see it drop recently, if you just hang in there, you should be redeemed, IMO. 

When I said yesterday that it looks like we've hit bottom, that seems to be holding true so far, since GXS is down again, but we're not.
Bullboard Posts