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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 bullsnipon Apr 26, 2013 12:56am
155 Views
Post# 21304452

RE: RE: market on the bounce

RE: RE: market on the bounce

Yes , calumet you do make a point. They had to follow up with more news after the original announcement. One thing that must be done is some kind of fianancing to do any drilling. The $120, 000 raised last Dec. must be just about gone by now. Look for a p/p in the near future this is not a bad thing, just a very nessasary step in going forward.Who would put a lot of money into  SMI until financing, and an outline of targets for a drill program is established?, not too many are willing to take on that risk without that info., except in a small way.  jmo.

Bullboard Posts