Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 mike49on Jan 02, 2020 11:03am
190 Views
Post# 30510949

RE:Here is the rub

RE:Here is the rubConsortman-
From Nov presentation looks like these wells fall off by about 2/3 within a year,so extrapolate from there.no data beyond that but one can look to other players hme that area of the viking.
Not the first company running just to stand still.anyway, I'm curious if any of the properties are amenable to water flood, etc. and is there a plan?
the rub,to me, is the lender. Aside from pretty good juice on the loan, all sales go back to them (after "capped" g and a expense) so the company runs on empty.
wouldn't surprise me to see a flo-thru soon if the Europeans agree.
Have a good 2020

Bullboard Posts