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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
Post by snoozlegroibon Aug 19, 2008 5:49pm
580 Views
Post# 15395584

It's the GXS Effect

It's the GXS EffectIt's the GXS effect--they were down big time today (23%), so we go down a similar amount. I really don't know why they went down instead of up--they got good results, but the market doesn't seem to be satisfied unless they hit big in every single hole, which is just not realistic.  If you look back on the drilling program they just finished, I'd say it was very successful--they got great coal intercepts in what--about half the holes they drilled? That's great--I don't get why the market is so down on it. 

In order to get out of GXS's shadow, we're gonna hafta generate positive news of our own--coal permits, drill plan, then an actual drill program, and Atlin gold drilling results. Until then, our fate is tied to GXS, whether we like it or not.
Bullboard Posts