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 > Record Production Levels in Q1 2022 Results

<< Previous

Bullboard Posts

Next >>

Comment by ROIcrusaderon May 06, 2022 10:36am

276 Views

Post# 34662002

RE:Record Production Levels in Q1 2022 Results

Saturn is pleased with the initial results of the 2022 drilling program and expects to have an operational update released in the next two weeks with updated production data for the recent Oxbow wells. The fully funded 34.2 net well drilling program for 2022 is approximately 23% completed with a majority of the remaining drilling activity scheduled for June to August. The Company plans to operate two drilling rigs during this period with one rig for each of the core growth areas: the Oxbow Asset and the Viking Asset.

<< Previous

Bullboard Posts

Next >>

Advancing flagship Ishkõday Gold Project in Ontario