Agoracom: Small Cap Investment - Saturn Oil & Gas Inc. - Saturn Oil & Gas Down 9% Although "Confirms a Strong" 2019 Exit Production Rate and Q1 2020 Drilling Program Details

Advancing a portfolio of coal & oil projects in Saskatchewan and Manitoba

Company has made the thickest coal seam intersections ever encountered in Canada at 88 metres

Reply New Message

Back To Forum List View

RockLicker

Rank: President [?]

Points: 101894 [?]

Votes: 328 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Saturn Oil & Gas Down 9% Although "Confirms a Strong" 2019 Exit Production Rate and Q1 2020 Drilling Program Details

posted on Jan 09, 2020 11:00AM

2020-01-09 10:31:39 AM ET (MT Newswires)

10:31 AM EST, 01/09/2020 (MT Newswires) -- Energy company Saturn Oil & Gas (SOIL.V) said Thursday that it exited the year with production over 1,200 barrels per day (bbls/d), exceeding its 1,000 bbls/d target.

For Q1, the company expects drilling program to include DCET of four (4.0 net) ERH Viking light oil wells. The program is budgeted at approximately $4 million.