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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 BrusselSprouton Sep 05, 2013 1:12am
276 Views
Post# 21719333

Today's news

Today's news2.5 Million for 80% of EP-71 and EP-72 (the "Little Swan" and "Bannock Creek" properties) which includes 80 km of seismic data and the option to drill up to two wells. Plus a PP for 400k cash completed.  

So, they now have a seismic and drill deal with cash in the kitty to keep the lights on.  Then they have all the other targets on their huge land package to sink a drill hole into or two that could be a 50-50 working interest with Vector.  The early days of an oil explorer with hopes of being an oil producer...  not bad, not bad at all.  Calling for 5 bucks this early in the game is a bit premature don't yah think? 



Bullboard Posts