Saturn Oil & Gas Inc T.SOIL

Alternate Symbol(s): OILSF | T.SOIL.WT.A

Energy Oil & Gas E&P

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.

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Saturn Oil & Gas Inc

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Post by logakel1on Sep 21, 2015 4:23am

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Post# 24120987

Drilling/Questions

I'm wondering if anyone can tell me how much money they have for their drilling program? If they spud in Mid-January how many wells can they drill before they are broke. Also does anyone know what formations they are targeting? Are these formations producing on the other edges of the Wiliston Basin and/or near but (how close?). Are there any other areas in the basin that are geologically similar to what they have in the north??

I also noticed there are other larger companies near by, like Husky and Cenovus; does anyone know if they are planning on drilling soon and if they are targeting the same formations?

Any idea what drilling company they are using and if they have wellsite geologist lined up or are doing it themselves?
Thanks,
Logan

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