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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 TheJakeMooreon Sep 26, 2018 2:42pm
105 Views
Post# 28695134

News priced in

News priced inMaybe??

We now have 550+ bpoe.

This five well program created more production than the previous five well program.

Saturn is now making just shy of $1,000,000 a month in profit. That is why the stock isn’t cratering. It’s trading at 4x Ebitda. With drills turning continuing to add profit. By X mas another 20 wells will be drilled. If they achieve 330bpoe per five. That would be 1770bpoe exit rate. That is why the stock isn’t cratering. 

This is will be a slow and steady rise for the next few months. As income rises so to will the market cap. 
Bullboard Posts