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 > Debt reduction and conf call BS

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Comment by VeritasVernon Mar 19, 2024 9:50am

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Post# 35940324

RE:RE:RE:RE:RE:Debt reduction and conf call BS

Correct, I did say guidance had debt repayment based on $75 oil but that they also added that for every $5 increase adds $15 million to debt repayment. I just threw in possible scenarios if oil was to be $85-95 hypothetically. At any rate if they get to $50-85 M remaining in debt by end of Q1 2026,which is not much, I'm not sure if its warranted to hold a gun to their heads. The point is that the sp will be at a much higher evaluation than the current $2.50 level.

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