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 > SATURN 13,000+ barrels daily Q4 for $2 Great BUY

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Comment by 1970Craigon Jul 29, 2022 6:20am

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Post# 34859242

RE:SATURN 13,000+ barrels daily Q4 for $2 Great BUY

I am with you. !! The hedging is what holds us back. But we are small growing , and new production may not be hedged. Not sure what there debt requirements are , but I do remember them saying they now average $75 a barrel.

If you told me I could get 75 bucks a barrel 3 years ago. I would jump all over this. One must remember if the price of WTI goes down , we are almost fully hedged !

I like this name and am very invested.

It's cheap right now ! They raised capital at $2.75 a share. Ifs at 2.50.

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Rig Count Soars as Utilization Surpasses Industry Averages