Saturn Oil & Gas Inc. Confirms 43.3 Million BOE of Reserves in New Oxbow Asset Evaluation and Announces New Director to the Board
Calgary, Alberta--(Newsfile Corp. - September 21, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce the completion of the final independent reserves evaluation of its newly acquired Oxbow Asset, effective April 1, 2021, in compliance with National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities and in accordance with the Canadian Oil and Gas Evaluation Handbook (the "Oxbow Report") as well as the appointment of...
2021-09-21 5:00 AM EDT
Saturn Oil & Gas Inc. Reports Transformational Q2 2021 Results Following the Close of the Oxbow Acquisition
Calgary, Alberta--(Newsfile Corp. - August 31, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to report its financial and operating results for the three and six months ended June 30, 2021. John Jeffrey, Chief Executive of Saturn, commented: "We are proud to a report a historic quarter in the development of the Company. The acquisition of the Oxbow Asset provides a substantial platform for Saturn's future growth by contributing numerous new...
2021-08-31 12:41 AM EDT
Saturn Oil & Gas Inc. Announces Second Quarter 2021 Results Release Date, Conference Call and Webcast Details
Calgary, Alberta--(Newsfile Corp. - August 27, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") intends to report Q2 2021 results after markets close on Monday, August 30, 2021. John Jeffrey, Chief Executive Officer; Scott Sanborn, Chief Financial Officer and Justin Kaufmann, Senior Vice President Exploration will present the Q2 2021 quarterly results and an investor update at a conference call with concurrent audio webcast, scheduled for: Date: Tuesday,...
2021-08-27 9:00 AM EDT
Saturn Oil & Gas Inc. Announces Development Drilling Program and Corporate Update
Calgary, Alberta--(Newsfile Corp. - August 3, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce the start of a three well development drilling program in West Central Saskatchewan. In addition, the 268.3 million common share purchase warrants issued in conjunction with the June 2021 equity private placements (the "Warrants") will commence trading under the symbol SOIL.WT on the TSX Venture Exc
2021-08-03 9:00 AM EDT
Saturn Oil & Gas Inc. Announces Initiation of Field Development, New Addition to Senior Management, Conversion of Special Warrants and Options Grant
Calgary, Alberta--(Newsfile Corp. - July 6, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce the start of field development activities in Southeast Saskatchewan, the appointment of Kevin Smith as Vice President Corporate Development, the conversion of the special warrants issued in conjunction with the oversubs
2021-07-06 8:30 AM EDT
Amended and Restated Press Release - Saturn Oil & Gas Inc. Announces Transformational Light Oil Asset Acquisition of 6,700 boe/d to Become One of the Leading Producers and Land Holders in Southeast Saskatchewan
Calgary, Alberta--(Newsfile Corp. - June 30, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is amending and restating the original May 13, 2021 press release (the "May 13 Release") as a result of a request to restate the reserves information contained therein. The May 13 Re
2021-06-30 5:42 PM EDT
Saturn Oil & Gas Inc. Announces Results of AGM
Calgary, Alberta--(Newsfile Corp. - June 23, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") today announced the results of voting at its 2021 Annual General Meeting of shareholders (the "AGM") held on June 22, 2021. A total of 43,671,759 common shares were voted at the AGM, representing 22.25% of the outstanding common shares of the Company. Shareholders voted in favour of the election of all director nominees as follows: Name
2021-06-23 7:48 PM EDT
Saturn Oil & Gas Inc. Confirms Closing of Previously Announced Transformational Acquisition of Southeast Saskatchewan Light Oil Assets
Calgary, Alberta--(Newsfile Corp. - June 7, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce that it has successfully closed the previously announced transformational acquisition (the "Acquisition") of assets in the Oxbow area of Southeast Saskatchewan (the
2021-06-07 4:09 PM EDT
Saturn Oil & Gas Inc. Closes Brokered and Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - June 4, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce that, further to the Company's press releases dated May 13, 2021, May 17, 2021 and May 28, 2021, it has closed the brokered and non brokered private placements for total proceeds of $32.8 million. "With the closing of these financings, Saturn is one step closer to concluding our transformational acquisition of high-quality, light oil assets in...
2021-06-04 4:11 PM EDT
Saturn Oil & Gas Inc. Announces Appointment of Chief Financial Officer and Proposed Share Consolidation
Calgary, Alberta--(Newsfile Corp. - June 2, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce the appointment of Mr. Scott Sanborn as Chief Financial Officer ("CFO"), effective June 1, 2021, along with a proposed consolidation (the "Share Consolidation") of Saturn's outstanding common shares (the "Common Shares") on an up to 20:1 basis (the "Consolidation Ratio") as may be determined by the board of directors of the Company (the "Board")...
2021-06-02 12:26 PM EDT
Saturn Oil & Gas Inc. Closes First Tranche of Non-Brokered Private Placement
Calgary, Alberta--(Newsfile Corp. - May 28, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce that, further to the Company's press releases dated May 13, 2021 and May 17, 2021, it has closed the first tranche (the "First Tranche Closing") of its non-brokered private placement by selling 64,583,334 special warrants for total proceeds of $7,750,000. A portion of the proceeds of the First Tranche Closing have been used to fund the deposit...
2021-05-28 9:00 AM EDT
Saturn Oil & Gas Inc. Announces Increase to Previously Announced Financings to $32.2 Million
Calgary, Alberta--(Newsfile Corp. - May 21, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce that, further to the Company's press releases dated May 13, 2021 and May 17, 2021, Echelon Wealth Partners Inc. as lead agent in the Brokered Private Placement, has exercised its option (the "Agent's Option") to offer an additional 15% of the Subscription Receipts issued under the previously announced Brokered Private Placement. In addition, the...
2021-05-21 5:55 PM EDT
Saturn Oil & Gas Inc. Announces Amendment to Previously Announced Financing
Calgary, Alberta--(Newsfile Corp. - May 17, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce that, further to the Company's press release dated May 13, 2021, the Company and Echelon Wealth Partners Inc. (the "Agent") have agreed to amend the previously announced best-efforts agency private placement (the "Brokered Private Placement"). The Brokered Private Placement will now be for gross proceeds of up to $12,000,000 through the sale of...
2021-05-17 9:01 AM EDT
Saturn Oil & Gas Inc. Announces Transformational Light Oil Asset Acquisition of 6,700 boe/d to Become One of the Leading Producers and Land Holders in Southeast Saskatchewan
Calgary, Alberta--(Newsfile Corp. - May 13, 2021) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) ("Saturn" or the "Company") is pleased to announce that it has entered into an arms-length definitive agreement to acquire assets in the Oxbow area of Southeast Saskatchewan (the "Oxbow Assets" or the "Acquisition") for approximately
2021-05-13 4:33 PM EDT