Saturn Oil & Gas Aktie

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

Calgary, Alberta--(Newsfile Corp. - December 16, 2024) - 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 assets in Saskatchewan and Alberta, is pleased to provide our 2025 development capital budget and annual guidance, along with an operational update and Saturn's outlook for the next three years. "Our development capital expenditures(2) budget of $300 to $320 million is targeting stable production averaging 38,000-40,000 boe/d(1) in 2025 (the "2025 Budget"), approximately 85% of which is oil and liquids, with ongoing margin improvements through cost optimization, capitalizing on synergies, and streamlining operational processes to deliver greater value per barrel," said John Jeffrey, Chief Executive Officer of Saturn.» Mehr auf newsfilecorp.com