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 > SE Sask Deals

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Comment by Pumpjackon Jun 24, 2021 5:32pm

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Post# 33448327

RE:SE Sask Deals

oiltycoon11 wrote: The recent news from Surge makes the Saturn deal look pretty good. I think it was key that they got it done before this latest surge in oil price.

No it doesn't. Sure the $/bbl look good on the saturn deal, until you look at the liabilities. Saturn took on over $180 million in liabilities. The Surge deal takes on no such liabilities. I don't understand how not a single person has commented on the liabilities with this deal. You know its scary when Saturnavoids to quote the number of non-producing wellbores taken on in this deal.

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The investment impact of the U.S. 25% tariff on Canadian imports