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 > Market starting to wake up

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Post by pppon Mar 02, 2023 11:24am

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Post# 35315203

Market starting to wake up

Debt a bit high at the moment at 545 Mil,but this company is a FCF machine. Hedges are around 70 us for 23, 54 % of production, not bad not good.

SOIL plans on paying down debt by 200 mil based on 80 dollar oil leaving 345 mil year end. Will they be able to do it? maybe, but lets say they fall short. I say to be conservative lets say 175 mil, leaving 370 add MC of 360 mil for EV value of 730 mil. production 30000 bbls of good oil and not!!! a bunch of gas mixed in. Value of 24000 per flowing cheap cheap IMO. So by the end of 23, we should start to trade closer to 40000 per bbl or 1.2 bil EV value. So I see the share price doing a double providing oil stays at these levels.

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