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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 TheJakeMooreon Sep 24, 2018 5:17pm
86 Views
Post# 28680999

RE:RE:RE:RE:By this time tomorrow...

RE:RE:RE:RE:By this time tomorrow...Prudential wouldn’t have given them the loan if all of these wells where churning out 20 barrels a day. 

My theory is that if a major in the area is poorly hedged. They could option their ground to Saturn. Let them develop it. While taking a large position in Saturn to create a windfall for their shareholders and possibly eventually use that stake to take out Saturn and regain their ground down the road?

Many majors can’t develop because cashlow is still tight with bad hedges. Saturn has the money and the people. More ground the better!!
Bullboard Posts