Saturn Oil & Gas Inc.

Saturn Oil & Gas Inc. is pleased to announce the results of our independent 2019 year-end reserves evaluation by Ryder Scott Company, LP with an effective date of December 31, 2019 in accordance with the definitions, standards and procedures contained in the Canadian Oil and Gas Evaluation Handbook and National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities . The reserves evaluation was based on [...]

Saturn Oil & Gas Inc. today provides a corporate update in response to recent market volatility caused by the COVID-19 pandemic and the continued oil price weakness. Saturn is pleased to confirm that in the interests of managing risk through an uncertain environment, the Company has secured a fixed price hedge on production of 400 barrels of oil per day at CAD $65.40 per bbl through February, 2021. With this hedge, Saturn [...]

Saturn Oil & Gas Inc. is pleased to announce the appointment of Mr. Jim Payne to Saturn’s Board of Directors. Mr. Payne is currently Chief Executive Officer of dynaCERT Inc. , a Canadian company that specializes in delivering Carbon Emission Reduction Technologies to the global marketplace. He brings more than 38 years of experience in strategic leadership roles within both public and private companies, corporate [...]

Saturn Oil & Gas Inc. today announced a strong production rate exiting 2019 as a result of its successful Q4 2019 capital program, and upcoming Q1 2020 drilling program. Successful Q4 2019 Capital Program During the last half of December, Saturn brought on production four extended-reach horizontal Viking light oil wells, which led to a strong 2019 exit rate. Based on field estimates, Saturn exited the year with production [...]

Saturn Oil & Gas Inc. today announced its financial and operating results for the three and nine month periods ended September 30, 2019. The Company’s unaudited interim financial statements and corresponding Management’s Discussion and Analysis for the three and nine month periods ended September 30, 2019, are available on SEDAR at www.sedar.com and on Saturn’s website at www.saturnoil.com. Copies of the [...]

Saturn Oil & Gas Inc. reports that the Investment Industry Regulatory Organization of Canada has requested disclosure from the Company confirming that Saturn does not endorse the “BUY” recommendation nor the target price previously announced in a press release today regarding the independent research report produced by the Investment Research department of GBC AG. About Saturn Oil & Gas Inc. Saturn Oil & Gas [...]

Saturn Oil & Gas Inc. is pleased to announce that it has engaged GBC AG , one of the leading independent research and investment companies in the European financial community, to provide research coverage and its initial research report was published today. The complete GBC report on Saturn may be obtained on major financial terminals and is available publicly via the internet in English at [...]

Saturn Oil & Gas Inc. is pleased to confirm that it has commenced a four well drilling program for the fourth quarter of 2019, along with the issuance of stock options. Q4 2019 Drilling Program The Company is pleased to confirm the commencement of its fourth quarter 2019 drilling program, which will include the drilling, completion, equip and tie-in of four new extended-reach horizontal Viking light oil wells in the [...]

Saturn Oil & Gas Inc. is pleased to provide an operational update highlighting results from the Company’s second-half 2019 drilling program, which exceeded expectations, as well as information regarding Saturn’s participation in upcoming investor-focused European events and the issuance of stock options. Viking Drilling Results The Company is pleased to announce results from its second-half 2019 drilling [...]

Saturn Oil & Gas Inc. today announced its financial and operating results for the three and six month period ended June 30, 2019. The Company’s unaudited interim financial statements and corresponding Management’s Discussion and Analysis for the three and six month period ended June 30, 2019, are available on SEDAR at www.sedar.com and on Saturn’s website at www.saturnoil.com. Copies of the materials can [...]