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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 27, 2023 12:18pm
396 Views
Post# 35250367

SATURN - UPGRADED STRONG BUY 1.67

SATURN - UPGRADED STRONG BUY 1.67

   You ?  Yes you.  Your reading this ?  It's not a typo. 

 This company is spitting out $1.84 a share FREE FUNDS FLOW PER SHARE pro forma 2023 
     At $80 oil and not $90.   Something I don't see mentioned much is the Canadian dollar.  When oil was higher last summer the dollar was stronger and we net out more with exchange per USD dollar. .  

  So there is some catch up being done when you exchange your dollars. 

  Also interest rate hikes. They don't affect us.  Also we are hedged to protect downside and finally we have no over riding royalties to impact the debt. 

   I think this is a move to consider.  5 % of the top to say Topez like whitecap did worh
there jewel in Sask.   
    they got 188 M for 17500 in production. 

I am not comparing our asset to Whitecaps. There's is carbon sequestration and therefore they got a premium . However there is a way to carve out some debt  
  We have these assets bought under market in the csee of Oxbow and the Viking   So we can get a premium , for our assets based on the environment we have today  

    It also looks like we are about to pop   If oil keeps climbing your going to regret not grabbing a little of this!

   Good luck  

    

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