Saturn Oil & Gas Inc. (TSX.V: SOIL) (FSE: SMK) today announced its financial and operating results for the three month period ended March 31, 2019.
"Leadership is the capacity to translate vision into reality". Saturn has a focused management and strong technical team with more then 25 years of oil and gas experience.
Saturn Oil + Gas is focused on the acquisition and development of undervalued, low risk assets. Saturn is driven to build a strong portfolio of cash flowing assets with strategic land positions.
Saturn's asset portfolio will become its key to growth and provide long-term stability to shareholders.
Our three-part business strategy
Saturn Oil + Gas will execute a three-part business strategy to accelerate shareholder growth.
Saturn’s immediate focus will be acquiring high quality, long life assets with proven production. Focusing on Saskatchewan's stable jurisdiction, Saturn will use its domain experience to evaluate properties that fall within its exploration and development criteria.
Exercising fiscal prudence and maintaining a strong balance sheet will allow Saturn to maintain constant growth. Long term stability will be generated through experienced management and a strong technical team.
De-risked assets and calculated execution will allow Saturn to achieve growth in reserves/production through retained earning. Saturn's portfolio will become its key to growth and provide long-term stability to shareholders.
We are highly motivated and have a clear vision
We are currently evaluating a series of low risk opportunities with significant upside potential. Saturn is driven to build a strong portfolio of cash flowing assets with strategic land positions.
Saturn Oil & Gas Inc. Announces 2018 Year-End Reserves and 492% Increase in Proved Developed Producing ReservesApr 18 2019
Saturn achieved record corporate reserves growth in 2018 marked by a 492% increase in proved developed producing, 323% in total proved and 467% in proved plus probable reserves
Saturn Oil & Gas Inc. (TSX.V: SOIL) (FSE: SMK) is pleased to announce finishing successfully the drilling, completion, equip and tie-in of its nine (9) wells in Q1 2019. Saturn has achieved an average production rate in March 2019 of over 1,100 bbl/d with all twenty-nine (29) wells producing by March 25th. The Q1 2019 peak production rate was over 1,400 bbl/day.