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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 Apr 21, 2016 10:30am
118 Views
Post# 24793447

Stan Szary Quote

Stan Szary Quote“The Northeastern Williston Basin is a wildcat driller’s paradise, and we’ve shown that with the discovery of oil in the well beyond 650 meters. I’m very proud of our team and believe that this is the start of a very significant update to the entire geological map of this part of the province.”.........but in reality (a mind quote) "I have chosen my words very carefully where the only fact is that there was oil in the core but other area wells that had oil in the core watered out real quick.  We have completed the well and while encouraged (ya right), cause we seen some oil, further testing must take place to stretch this out and I can hopefully raise enough money to drill another well or two.  If I can't raise money and the results are announced we are finished.  We are in the Williston basin now (I guess)...and have redrawn the map that has been in place for years despite all the other drilling and evidence.  The only other thing I can add is I am not an oil guy and we are from Vancouver so I am not really sure of any of this."
Bullboard Posts