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

Bullboard Posts

Post by Kaybobon Dec 20, 2017 10:04am

115 Views

Post# 27194927

Big production gains coming

These wells are cheap to drill and bring on production. The declines need to be managed but the fact of the matter is they have multiple wells to drill and these are big big for the cost. Raging River quotes their production at a 60 to 70% decline in the first year. But again if you start at 150 bbls per day much better than starting at 50. That can not be ignored. Rally time.

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