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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.


TSX:SOIL - Post by User

Saturn Oil & Gas Inc > My take...
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Comment by Theconsortmanon May 14, 2021 11:34am
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Post# 33203504

RE:RE:RE:My take...

RE:RE:RE:My take...What doesn't make sense to me its that whoever sold this probably did this so they could reduce their debt. Saturn buys it with debt and claims it will pay back all debt in 2-3 years. If this is true and the property is this lucrative why did Company A simply not do the same? Surerly their lender couldn't have been that impatient..If they were then good for Saturn.


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