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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Comment by Kaybobon Sep 17, 2018 12:40pm

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Post# 28632851

RE:RE:The financing was a critical move

I really dont mind their assets. I think expectations are a bit high here....Still rumours of 1500bbls per day results and really all the company is saying that they will be at 1250 bbls per day by the end of the year. I fully expect them to be there now but it will not be easy. I know the formation and the declines are tough.....but with the amount of loan coming in they will be able to drill through the drops. I am guessing that they might be in that 400 - 600 bbl per day range right now but with lots of locations and money to drill they should be able to meet their targets. I may be back in...but looking with interest for now.

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