Saturn Oil & Gas Announces Corporate Update Highlighted by Increased 2025 Forecast Production, Reduced Capital Expenditures, Strategic Tuck-In Activity and Appointment of Independent Board Member, Lynn Peterson
Year-to-date asset outperformance, opportunistic tuck-in acquisitions and land expansion in southeast Saskatchewan drove capital expenditure reduction and increased 2025 forecast production, with no impact to previously guided leverage metrics 2025 exit production forecast at 43,000 to 44,000 boe/d(1), a 12% increase over the midpoint of original annual production guidance of 38,000 to 40,000 boe/d(1), while forecast 2025 annual average production per share increases 8% over previous...
2025-09-08 7:00 AM EDT
Saturn Oil & Gas Inc. Announces TSX Approval to Renew the Normal Course Issuer Bid Following Successful Completion of Existing Program
Calgary, Alberta--(Newsfile Corp. - August 25, 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, today announced that the Toronto Stock Exchange's ("TSX") has accepted Saturn's notice to renew our Normal Course Issuer Bid ("NCIB") for a further one-year term, following the successful completion of an existing NCIB which expires on...
2025-08-25 7:00 AM EDT
Saturn Oil & Gas Inc. Announces Second Quarter 2025 Results Highlighted by $119MM Net Debt Reduction Over Q1/25 and Record Free Funds Flow
Calgary, Alberta--(Newsfile Corp. - July 30, 2025) - Saturn Oil & Gas Inc. (TSX: SO
2025-07-30 5:00 PM EDT
Saturn Oil & Gas Inc. Announces Release Date for Q2 2025 Results and Provides Conference Call / Webcast Details
Calgary, Alberta--(Newsfile Corp. - July 18, 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, confirms that the Company intends to report our Q2 2025 financial results on Wednesday, July 30, 2025, after market close. A conference call and webcast will be held on Thursday, July 31, 2025, at 8:00 am MT (10:00 am ET) for interested...
2025-07-18 1:15 PM EDT
Saturn Oil & Gas Inc. Announces Results of Substantial Issuer Bid
Calgary, Alberta--(Newsfile Corp. - July 16, 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, today announces the final results of our previously announced substantial issuer bid, which expired on July 16, 2025 (the "Offer"). In accordance with the terms and conditions of the Offer and based on the final report by Odyssey Trust...
2025-07-16 6:53 PM EDT
Saturn Oil & Gas Inc. Announces Extension of Credit Facility
Calgary, Alberta--(Newsfile Corp. - July 2, 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 announce the renewal of the Company's existing $150 million syndicated credit facility (the "Credit Facility") following the semiannual borrowing base review, with an added and uncommitted accordion feature allowing for a $100...
2025-07-02 4:00 PM EDT
Saturn Oil & Gas Inc. Announces Launch of Inaugural Substantial Issuer Bid
Calgary, Alberta--(Newsfile Corp. - June 11, 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 announce the launch, as of the date hereof, of our previously announced substantial issuer bid (the "Offer") pursuant to which the Company offers to purchase from holders ("Shareholders") of common shares of the Company (the...
2025-06-11 5:00 PM EDT
Saturn Oil & Gas Inc. Announces Intention to Commence Inaugural Substantial Issuer Bid, Continuing Capital Return Strategy and Further Enhancing Per Share Metrics
Calgary, Alberta--(Newsfile Corp. - June 5, 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 announce our intention to commence a substantial issuer bid (the "
2025-06-05 4:00 PM EDT
Saturn Oil & Gas Inc. Announces Voting Results of AGM
Calgary, Alberta--(Newsfile Corp. - May 22, 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 announce the voting results of our Annual General Meeting of shareholders (the "Meeting") held on May 22, 2025. Saturn is pleased to report that that all matters presented at the Meeting were approved. A total of 145,965,898...
2025-05-22 4:00 PM EDT
Saturn Oil & Gas Inc. Announces First Quarter 2025 Results Highlighted by Record Production and Adjusted Funds Flow
Calgary, Alberta--(Newsfile Corp. - May 7, 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 assets in Saskatchewan and Alberta, is pleased to report o
2025-05-07 5:00 PM EDT
Saturn Oil & Gas Inc. Announces Release Date for Q1 2025 Results and Provides Conference Call / Webcast Details
Calgary, Alberta--(Newsfile Corp. - April 23, 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, confirms that the Company intends to report our Q1 2025 financial results on Wednesday, May 7, 2025 after market close. A conference call and webcast will be held on Thursday, May 8, 2025, at 8:00 am MT (10:00 am ET) for interested...
2025-04-23 5:00 PM EDT
Saturn Oil & Gas Inc. Provides Q1/25 Capital Program Update and Accelerates Debt Repayment with US$15 Million Senior Note Repurchase and Cancellation
Calgary, Alberta--(Newsfile Corp. - April 23, 2025) - Saturn Oil & Gas Inc
2025-04-23 7:00 AM EDT
Saturn Oil & Gas Inc. Announces Record Q4 and Year End 2024 Results and Year End 2024 Reserves
Calgary, Alberta--(
2025-03-13 6:45 PM EDT
Saturn Oil & Gas Inc. Announces Release Date for Q4 and Full Year 2024 Results and Provides Conference Call / Webcast Details
Calgary, Alberta--(Newsfile Corp. - February 25, 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 assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q4 and full year 2024 financial results, along with our year end 2024 independent reserves evaluation in accordance with National Instrument 51-101, on Thursday, March 13, 2025 after market...
2025-02-25 4:00 PM EST
Saturn Oil & Gas Inc. Provides Operations Update Highlighted by Q4 2024 Production Ahead of Guidance Following Successful Capital Program
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
2025-02-19 5:00 PM EST
Saturn Oil & Gas Completes Vertical Amalgamation and Continuance Into Alberta
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"). Additionally, on January 3, 2025, the Company...
2025-01-03 2:37 PM EST
Saturn Oil & Gas Inc. Announces 2025 Capital Budget and Guidance, Operational Update and Three-Year Outlook
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...
2024-12-16 5:31 PM EST
Saturn Oil & Gas Inc. Reports Q3 2024 Results Highlighted by Record Quarterly Production, Adjusted EBITDA and Adjusted Funds Flow
Calgary, Alberta--(Newsfile Corp. - November 5, 2024) - 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, is pleased to report our financial and operating results for the three and nine months ended September 30, 2024. Saturn's Financial Statements, as well as Management's Discussion and Analysis ("MD&A") are available on our website...
2024-11-05 4:00 PM EST
Saturn Oil & Gas Inc. Announces Release Date for Third Quarter 2024 Results and Provides Conference Call / Webcast Details
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - 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, confirms that the Company intends to report our third quarter 2024 financial and operating results on Tuesday, November 5, 2024, after markets close. A conference call and webcast will be held on Wednesday, November 6, 2024, at...
2024-10-24 7:00 AM EDT
Saturn Oil & Gas Inc. Ranks Fourth on The Globe and Mail's Sixth-Annual List of Canada's Top Growing Companies
Calgary, Alberta--(Newsfile Corp. - October 1, 2024) - Saturn Oil & Gas Inc. (TSX: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that the Company placed number four on the 2024 Report on Business ranking of Canada's Top Growing Companies, with three-year revenue growth of over 9,200%. The Company also earned the distinction of being the fastest-growing oil and gas company on the list for the second year in a row. "With a team and strategy designed to...
2024-10-01 7:00 AM EDT