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 > Petrobank-Petrobakken-Lightstream-Ridgeback-Saturn

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Comment by bluewithageon Jan 21, 2023 10:39am

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Post# 35237266

RE:Petrobank-Petrobakken-Lightstream-Ridgeback-Saturn

I appreciate other viewpoints, but two questions
1-Ridgeback was privately owned- how did they p-off the "market"
2- In 2016, Apollo global and Blackstone credit paid 1.35 billion for Ridgestone in a bankrupcy distress sale. They had offered up the company at 1 billion this past summer. Soil bought it for 1\2 billion in a got to be green now distress sale by owner.

https://financialpost.com/commodities/energy/oil-gas/apollo-blackstone-seek-buyers-for-canadian-oil-producer-ridgeback-sources

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Rig Count Soars as Utilization Surpasses Industry Averages