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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 Kaybobon Mar 17, 2016 9:45am
123 Views
Post# 24668998

Jaguar back in

Jaguar back inSo they went penalty on the first two wells.  The first was not finished due to drilling difficulties.  The second "A" well was news released as a discovery.  Now they are relisted.  It does not mean that they will participate going forward but could go penalty.  At least now they can try to raise money....I guess.  But now they have a story to tell.  Its all about salvaging what they can.  Ideally they probably would just like to sell their interest.  I am assuming they got well information from the second well of Saturns so if its there they should be able to sell.
Bullboard Posts