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 third quarter 2024 financial and operating results on Tuesday, November 5, 2024, after markets close. A conference call and webcast will be held on Wednesday, November 6, 2024, at 8:00 a.m. MT for interested investors, analysts [...]
Saturn Oil & Gas Inc. is pleased to announce that the Company placed number four on the 2024 Report on Business ranking of Canada's Top Growing Companies, with three-year revenue growth of over 9,200%. The Company also earned the distinction of being the fastest-growing oil and gas company on the list for the second year in a row. "With a team and strategy designed to challenge the status quo and disrupt traditional [...]
Saturn Oil & Gas Inc. is pleased to announce that Saturn has received acceptance from the Toronto Stock Exchange in respect of its intention to make a normal course issuer bid to purchase and cancel up to 11,306,825 of its outstanding common shares during the one-year period from August 27, 2024 to August 26, 2025 . The Board of Directors of the Company has authorized the NCIB because it believes that it is in the best [...]
Saturn Oil & Gas Inc. is pleased to report its financial and operating results for the three and six months ended June 30, 2024. "Saturn's capital structure changes implemented in Q2 2024, in conjunction with a major acquisition, will serve as an inflection point in establishing the Company as a leading independent growing energy producer in Western Canada." commented John Jeffrey, Chief Executive Officer of Saturn. "In [...]
TORONTO, June 17, 2024 /CNW/ - The following issues have been halted by CIRO: Company: Saturn Oil & Gas Inc. TSX Symbol: SOIL.R All Issues: No Reason: Pending Delisting Halt Time : 08:07 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
Saturn Oil & Gas Inc. today announced the completion of the previously announced acquisition of oil-weighted assets in Southern Saskatchewan . The net cash purchase price of the Acquisition was funded by proceeds of the recently closed 9.625% high yield note offering, together with the proceeds of the recently closed $100 million bought deal subscription receipt financing. In addition, the Company has repaid and retired [...]
Saturn Oil & Gas Inc. today announced that it has closed its previously announced private placement , to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended , of US $650 million in aggregate principal amount of 9.625% senior secured second lien notes due 2029 at par. The Notes to be offered have not been registered under the Securities Act, Canadian securities laws, or the [...]
Saturn Oil & Gas Inc. today announced that it has priced its previously announced private placement , to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended , of US $650 million in aggregate principal amount of 9.625% senior secured second lien notes due 2029 at par. The Offering is expected to close on June 14, 2024, subject to the satisfaction of customary closing conditions [...]
Saturn Oil & Gas Inc. today announced that, subject to market and other conditions, it intends to offer US$625 million in aggregate principal amount of senior secured second lien notes due 2029 in a private offering exempt from the registration requirements of the Securities Act of 1933, as amended , to eligible purchasers under Rule 144A and Regulation S of the Securities Act. The Notes will be secured by second priority [...]
Saturn Oil & Gas Inc. is pleased to announce the voting results of its Annual General and Special Meeting of shareholders held on May 28, 2024. Saturn is pleased to report that that all matters presented at the Meeting were approved. A total of 102,320,139 common shares representing 63.34% of the total 161,544,643 outstanding common shares of the Company were voted at the Meeting. At the Meeting, the number of directors [...]
John Jeffrey, President and Chief Executive Officer, Saturn Oil & Gas Inc. and his senior executive team joined Robert Peterman, Chief Commercial Officer at Toronto Stock Exchange , to open the market and celebrate the Company's graduation to the TSX and recently announced $525 million asset acquisition in Saskatchewan. Saturn Oil & Gas Inc. is a growing Canadian energy company focused on generating positive shareholder [...]
Saturn Oil & Gas Inc. is pleased to report its financial and operating results for the three months ended March 31, 2024. "The first quarter development plan returned some of the best results in Saturn's history," commented Justin Kaufmann, Saturn's Chief Development Officer. "These results were from conventional development in Southeast Saskatchewan and the Cardium in Central Alberta, which exceeded our expectations [...]