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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 NeoMon Sep 23, 2014 9:52am
138 Views
Post# 22961711

RE:A virtue

RE:A virtueJust came across...

Jentai wrote: With Smi patience is a virtue. This stock may become the big story of  2015 in Saskatchewan 


Sorry, but b*llsh*t like that was told for 2013 and afterwards summer 2014 already. You all know what happened 2013 - nothing. And so far nothing happend in 2014 except of promises without deliver and many capital raisings which diluted the stock only.

Last announcement(s) and presentation about seismic etc. is a real joke. It says almost nothing about the potential of the acreage. I wonder if they have any clue about what to expect underneath the surface. To compare the seismic with other pools hundreds of miles away is worthless without estimating any numbers about the potential of their own acreage. However, they should be able to do so, if they have any knowledge about o&g exploration as well as reading 2D seismic.

Furthermore the latest interview the CEO gave sounds not very promising. He states between the lines that it is not 100% clear if they sink the drillbit in autumn or not as well as if  they are going to announce the results afterwards due to "strategic reasons". Wonder if this goes with the rules of the TSX.

And it seems like more and more investors are fed up with the delays, promises, fluffy announcements and are dumping their shares into the BID, while still somebody is trying to keep the shareprice up by buying smaller parcels from the ASK. Wonder what will happen if a big one dumps his package into the BID and there is no more pocket money left.

By the way, whrere are the pumpers like Grobi and elsayt? Seems like they are all gone.

And the rest waited happily ever after...

Cheers!;-)
Bullboard Posts