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 > No company even close to as cheap in Canada as SOIL

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Comment by Rainydayon Aug 09, 2023 12:15pm

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Post# 35579714

RE:RE:No company even close to as cheap in Canada as SOIL

The company projects debt outstanding at the end of 2023 at $345 million. With production of 30,000 B/D and a value of (say) $30,000 per daily barrel the Enterprise Value is about $900 million. Subtracting the debt of $345 million leavess $555 million which when divided by 138 million shares outstanding gives a value per share of $4.02. Very undervalued I think.

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