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Bullboard - Stock Discussion Forum 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... see more

TSX:SOIL - Post Discussion

Saturn Oil & Gas Inc > so 200 million shares out ... not bad
View:
Post by swale13 on May 12, 2024 9:01pm

so 200 million shares out ... not bad

thats fine if they are done with aqusition

they need to get actual numbers on the finance structure  .... if you are going to repackage all your debt express it in models   ie... 7 %  8 %  10 %  and tell us what that will save going forward

650 million ,,,, add 150 million in *Reverve Based Lending ...  starts to smell like a Billion
* they can change terms or back out in a heart beat of they dont like the colour of your shirt

The Good Part SASK  ... original oil in place … these are not tired pools the the oil is still there … The other advantage is being able to drill with … no steel jackets no frac sand … so you are getting well economics that should land around 1.5 million a leg  ...The mechanics of No Jacket no Frack wells have been worked out by Spur, Tamarack and Headwater …  that formula is being continually refined and available for Soil to exploit
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