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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 Ocean1on Jul 11, 2024 10:28am
397 Views
Post# 36128224

Not enough investors care

Not enough investors careGentleman, SOIL sharehders are up against more advanced Companies paying down debt, buying back shares and issuing regular and special dividends however we can still win .  He have to hope energy price hangs in, the Company sits on its M&A hands, pays down debt and better numbers shine thru. Stock is cheap but i am not adding. I am watching closely to see if management has the dicipline to stay the course.  If they do and stock breaks above 3 bucks on volume it's likley going to finally get moving. To date it has been a value trap. Much prefer trading BTE. 
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