Saturn Oil & Gas Inc.

Saturn Oil & Gas Inc. announces a non-brokered private placement of up to 3,333,333 units at a price of $0.15 per Unit for gross proceeds of up to $500,000. Each Unit consists of a one common share and one-half of a common share purchase warrant . Each whole Warrant will entitle the holder to purchase one additional common share, exercisable at a price of $0.20 per share for a period of 18 months from the date of issue of [...]

Saturn Oil + Gas Inc. is pleased to announce it has entered into an Asset Exchange Agreement with a major Viking producer and successfully completed drilling operations on its first two Viking horizontal wells. Saturn has transferred 50% of its net working interest in one section of land in the Lucky Hills pool, with rights from surface to base Viking, in exchange for two contiguous sections of 100% working interest, with [...]

Saturn Oil + Gas Inc. is pleased to provide an operational update regarding its Viking horizontal drill program at Flaxcombe and the acquisition of an existing vertical wellbore for recompletion in the Success formation. Saturn is pleased to announce that it has received drilling licenses for two half-mile horizontal Viking wells on its recently acquired land near Flaxcombe. The first two initial drilling locations were [...]

Saturn Oil + Gas Inc. is pleased to announce that on September 27th, 2017 the Company received its Corporate Reserves Estimation and Economic Evaluation form Deloitte LLP for its Lucky Hills Viking assets and Flaxcombe Success heavy oil assets. Saturn is pleased to announce 307 thousand net barrels in proved plus probable reserves , a before tax undiscounted net present value of C$6.98 million. Recent Corporate Overview [...]

SASKATOON, SASKATCHEWAN--(Marketwired - Sep 12, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to announce that it has entered into a convertible loan agreement (the "Loan Agreement") with DigiStore24 GmbH ("DigiStore"), pursuant to which DigiStore will lend Saturn $1,000,000 CAD (the "Loan"). The Loan will mature in three (3) years from the date of issuance, and will [...]

SASKATOON, SASKATCHEWAN--(Marketwired - Aug 31, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to provide an operational update further to its news release on July 11th, 2017. The Company has successfully recompleted the wellbore in Flaxcombe and earned its 50% interest in production. Permanent surface equipment has been installed and the well is now on production [...]

SASKATOON, SASKATCHEWAN--(Marketwired - Aug 18, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) held its annual general meeting on August 15th, 2017, in Saskatoon. Approximately 22.7 million shares, representing 15.6% of common shares, were represented in person or by proxy at the meeting. Saturn's shareholders elected John Jeffrey, Scott Newman, Ivan Bergerman and Calvin Payne [...]

SASKATOON, SASKATCHEWAN--(Marketwired - Jul 17, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to announce that it plans to spud their first Viking Formation horizontal wells at their Lucky Hills property located in the Kindersley area of West Central Saskatchewan. The Company has received their first two well license approvals from the Crown. Saturn's two initial [...]

SASKATOON, SASKATCHEWAN--(Marketwired - Jul 13, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI)(FRANKFURT:SMK) is pleased to announce that it has acquired a section of land near Flaxcombe, Saskatchewan from a Freehold land owner. This acquisition brings Saturn's total land package in the Flaxcombe area to five sections with working interest. Additionally, the Company is pleased to announce that [...]

SASKATOON, SASKATCHEWAN--(Marketwired - July 11, 2017) - Saturn Oil + Gas Inc. ("Saturn" or the "Company") (TSX VENTURE:SMI) (FRANKFURT:SMK) is pleased to announce that that it has entered into a joint operating agreement (the "Agreement") with Westcore Energy Ltd. ("Westcore") (TSX.V: WTR) to develop two sections of land near Flaxcombe, Saskatchewan. Under the terms of the Agreement, each of Saturn and Westcore shall [...]