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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

Post by Arbitrage1970on Jan 25, 2023 6:42pm
404 Views
Post# 35246613

SATURN ENERGY - COMPENSATION

SATURN ENERGY - COMPENSATION

For the poster who was complaining about the compensation package. That was the best for the shareholders.   We now have certainty ?  There is no certainty in business. So when you can get something like that locked in ?  The old deal ?  That actually was a issue at this size of company.  So they actually did the shareholders a favour . 

  So the silliest part of the complaint ?  1/3 divesested at $4 dollars.  Yes ?  50 % upside plus ? from here ?  So for them to get the first sniff of anything with all that stress is at $4 bucks. Then the next one is 50% higher and the final traunche is essentially a triple.  

   So for that ? All they get is 5 M and 2 M.   So they create a half a billion in shareholder value ?  If they do hit these targets.  It's not enough !  

   Not for the all the naysayers and the haters not to mention pressure ?   The pressure.  So ?  

   This is okay with me.  I would make 6 or 7 M if they do that.   ? I think ? This is fair. ?  Lol.  

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