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 > Sale of Non-Core Deer Mountain Property T.SOIL

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Comment by Kpitrealon Apr 08, 2024 10:43am

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Post# 35976672

RE:RE:Sale of Non-Core Deer Mountain Property T.SOIL

It is not really a core asset.
The share price is held down by their debt levels.
As the debt comes down the stock will balloon upwards.
FCF for 2024 at these prices looks very good.
This sale speeds up the timeline to improve debt ratio.

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