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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 Tensecterroron Jul 21, 2015 2:45pm
144 Views
Post# 23945638

RE:RE:RE:Saturn minerals

RE:RE:RE:Saturn mineralsHere is some old info, they did 5 wells, I was out there for the third well. But the second release was 40 wells!! They were really aggressive and had about a 4 square mile area. They were close to pipeline country there, this is not available near Hudson Bay. But, with Alberta closing down for the next 4 years (maybe forever), bet this pipeline would get built quick and cheap. Tuesday, October 30, 2007 Painted Pony announces operational update October 30, 2007 -Calgary, Alberta Painted Pony Petroleum Ltd. (Painted Pony or the Company) is pleased to announce the drilling of its first five operated wells. In May 2007, Painted Pony completed its initial public financing and commenced trading on the TSX Venture Exchange. Since then, the Company commenced an active operated exploration program, focused on SE Saskatchewan and NE British Columbia, and currently has an estimated positive net working capital position of approximately $8.0 million. To date, 5 (2.2 net) wells have been drilled in Saskatchewan: 2 (0.7 net) light, sweet horizontal oil wells targeting the Bakken formation in the Kisbey area, 2 (1.0 net) potential light, sweet horizontal Bakken oil wells in the Midale area, and 1 (0.5 net) vertical Midale formation light oil well in the Alameda area. At Kisbey, 2 (0.7 net) horizontal Bakken oil wells have been drilled and fracture stimulated. Wednesday, November 28, 2007 Painted Pony announces proposed 40 well Bakken drilling budget and Q3 results
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