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Message: TSXV-Listed Saturn Oil & Gas Says Top Purchaser of Acreage in Recent Crown Land Sale
2018-12-10 11:51:17 AM ET (MT Newswires)

11:51 AM EST, 12/10/2018 (MT Newswires) -- Saturn Oil & Gas Inc. (SOIL.V) reports that it was the top purchaser of acreage in the Kindersley-Kerrobert area at the recent Crown land sale on December 4th, 2018. The company spent $640,583 to acquire seven lease parcels, bringing Saturn's total land position to 40 5/16 sections (37 9/16 net).

Saturn has successfully completed, equipped and brought on-line four 100% working interest wells as part of the Q4 drill program. "Our Q4 program was successful and the initial results have provided several development locations for 2019. The company drilled two step out wells in Milton that will add value to Saturn's drilling inventory and production," said Stuart Houle, P.Eng. VP of Operations and Engineering.

The company will release production numbers in late January.

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