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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 Kaybobon Sep 07, 2018 3:21pm
109 Views
Post# 28581626

RE:RE:RE:RE:RE:What’s not to love!

RE:RE:RE:RE:RE:What’s not to love!Oil guy weighing in....just cause I am interested to see what happens.  I just looked at August 11 video and it shows a frac so there are no oil/emulsion tanks on site.  All those tanks show is how much water was used to frac that particular well.  It was a good video though and shows the frac crew rigging in.  As for results they would place the well on pump after the sand had flowed back and they would have produced to emulsion/oil tanks but those would have to be legally 50 meters away from the producing well.  Chances of them being above curve on all 5 wells are slim but that doesnt mean they are not good results.  There could be a water well in the group and they still have success.  The one thing I wonder about is where are they going to get the $25 million for their winter drilling....but if they do and those wells are successful then great things will happen for Saturn.  I am interested to see how this all pans out.
Bullboard Posts