Saturn Oil & Gas Aktie

Estimated Q4/24 volumes above 41,000 boe/d (1) 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 Calgary, Alberta--(Newsfile Corp. - February 19, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, is pleased to provide an operations update highlighted by estimated Q4/24 volumes that averaged over 41,000 boe/d(1), above the high end of our previously announced quarterly guidance of 39,000 to 40,000 boe/d, due to the success of our second half 2024 capital program. "Saturn continues to deliver on our guidance and meet or exceed our goals, clearly demonstrated by Q4 average production estimates of over 41,000 boe/d(1).» Mehr auf newsfilecorp.com

Calgary, Alberta--(Newsfile Corp. - January 3, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) (FSE: SMKA) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, today announces that, effective January 1, 2025, the Company completed a vertical short-form amalgamation with its wholly-owned subsidiary, Saturn Holdings SK Ltd. (the "Amalgamation").» Mehr auf newsfilecorp.com

Saturn Oil & Gas has faced a 35% stock decline, but recent financing and positive cash flow make it a strong buy at $1.36 per share. The company plans to maintain production of 38,000 to 40,000 BOE/D through 2025, with significant investments in Southeast Saskatchewan, West Saskatchewan, and Central Alberta. Saturn aims to reduce net debt by over 40% by 2027, with projections based on a $70 WTI price, despite current market volatility.» Mehr auf seekingalpha.com