Register for EnerCom Denver - The Energy Investment Conference, featuring a broad group of public and private energy companies at www.enercomdenver.com Limited presentation opportunities remain for E&P, Midstream, OFS, Energy Transition, Nuclear and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-channel [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, is pleased to announce the launch, as of the date hereof, of our previously announced substantial issuer bid pursuant to which the Company offers to purchase from holders of common shares of the Company up to 7,000,000 Shares for cancellation at a purchase price of CAD$2.15 [...]
Saturn to offer $2.15 per common share through a fixed price tender, representing an approximate premium of 20% over the current share price on the TSX $15 million to be returned to shareholders assuming full participation, bringing total share repurchases by Saturn to approximately $34 million since Aug/24, equivalent to approximately 10% of current market capitalization Saturn Oil & Gas Inc. , a light oil-weighted [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, is pleased to announce the voting results of our Annual General Meeting of shareholders held on May 22, 2025. Saturn is pleased to report that that all matters presented at the Meeting were approved. A total of 145,965,898 common shares representing 74.12% of the total [...]
Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver - The Energy Investment Conference, featuring a broad group of public and private energy companies at www.enercomdenver.com Limited presentation opportunities are available for E&P, Midstream, OFS, Energy Transition and Emerging [...]
Production of 41,680 boe/d represents a new quarterly record for the Company Adjusted funds flow totaled $131.1 million with free funds flow of $57.8 million Net debt reduced by $46.3 million, or 5%, over year-end 2024 US$15 million open market Senior Notes repurchase below par in April 2025 further improves leverage metrics Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the [...]
Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver - The Energy Investment Conference featuring a broad group of public and private energy companies at www.enercomdenver.com A robust list of companies has confirmed their participation, and more are being added daily Sponsorship [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q1 2025 financial results on Wednesday, May 7, 2025 after market close. A conference call and webcast will be held on Thursday, May 8, 2025, at 8:00 am MT for interested investors, analysts, brokers and media representatives [...]
Q1/25 capital program realized well outperformance averaging 20% above internal type curves, driving estimated average volumes over 41,600 boe/d Opportunistically retired ~US$15 million of senior notes by allocating ~C$21 million to open market repurchases at prices below par Continued share buybacks with ~3.4 million shares repurchased to date in 2025, bringing total repurchases to 7.9 million shares since the program's [...]
Record 2024 exit volumes of 41,908 boe/d and Q4/24 production of 41,051 boe/d Adjusted Funds Flow of $2.10/share or $380.1 million in 2024 and $0.64/share or $129.2 million in Q4/24 39% current free funds flow yield based on $133.8 million of free funds flow generated in 2024 $5.56/share of net asset value on a proved developed producing reserves basis Repurchased a total of 6.7 million shares to date through NCIB [...]
Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q4 and full year 2024 financial results, along with our year end 2024 independent reserves evaluation in accordance with National Instrument 51-101, on Thursday, March 13, 2025 after market close. A conference call and webcast will [...]
Estimated Q4/24 volumes above 41,000 boe/d represents a new corporate record for Saturn Efficient capital program, continued type curve outperformance and production optimization drove volumes Robust hedges on oil prices, differentials and foreign exchange rates help mitigate current market volatility Saturn Oil & Gas Inc. , a light oil-weighted producer focused on unlocking value through the development of our assets in [...]