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 > Decline

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Comment by Rational43on Jan 20, 2022 1:11pm

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Post# 34338171

RE:RE:RE:RE:RE:Decline

These oil prices have a way of making barely economic wells into cash cows and makes the money spent to re-activate or drill new pay back quickly.

There is a solid $20 WTI difference between what the value of production is for the next few years now, vs what anyone was assuming three months ago.

Hedges suck, but any new production is 100% unhedged, and the 25% of existing unhedged is generating a lot of extra cash flow vs Saturn's plans.

Nothing more "tourquey" than having a bunch of wells that are marginal at $60 oil, when it goes to $80+.

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