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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

Comment by frostbackon Nov 23, 2021 8:52am
397 Views
Post# 34156227

RE:RE:RE:Decline

RE:RE:RE:DeclineSo word is out about management incompetence.  Not sure how many have followed this company throughout the past several years but for those that have it likely comes as no surprise that the current SP is diving.  One thing that has been consistent over the years is management will keep rewarding themselves at the same time destroying the value of the company.   It wold be beneficial to have a fiscal disciplined team to upright the ship….good luck finding someone to take up the challenge with the amount of AOR assets on the books that need to be put to bed.

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