Saturn Oil & Gas Inc. News Releases

Saturn Oil & Gas Inc. Increases 2026 Guidance Following Continued Operational Outperformance, Successful Tuck-In Acquisition Activity and Senior Notes Refinancing

Wed, 29 Jul 2026 17:00:00 -0400

Increased average annual production estimate by ~10% to 43,000 to 44,000 boe/d, with target 2026 exit volumes between 48,000 and 50,000 boe/dExpanded development capital budget to $355 to $375 million that draws on our deep and growing inventory, focused on maximizing capital efficiencies and targeting opportunities with short full-cycle times and attractive return potential Grow forecast adjusted funds flow by ~60% to between $535 and $570 million ($2.95 to $3.15/share)Free funds flow forecast...

Saturn Oil & Gas Inc. Announces Second Quarter 2026 Results with Production Ahead of Guidance and Over $82 Million of Free Funds Flow

Wed, 29 Jul 2026 17:00:00 -0400

Production of 41,447 boe/d exceeded Saturn's guidance for the eighth consecutive quarterAdjusted funds flow(1) of $123 million ($0.68/share) drove free funds flow(1) of $82 million ($0.46/share)Nimble asset base and flexible capital program supported the acceleration of $20 million of capital from Q3 into Q2 to bring volumes on sooner into a stronger oil price environmentContinued execution of our blueprint strategy with 'core-up' acquisitions in the quarter that expand scale, increase drilling...

Saturn Oil & Gas Inc. Announces Completion of the Offer for the Common Shares of Burgess Creek Exploration Inc. and Mandatory Extension Period to August 6, 2026

Mon, 27 Jul 2026 07:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - July 27, 2026) - 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 announce that our offer (the "Offer") to acquire all of the issued and outstanding common shares (the "Common Shares") of Burgess Creek Exploration Inc. ("Burgess Creek"), a privately held, 97% light oil and liquids weighted producer...

Saturn Oil & Gas Inc. Announces Pricing of Dual-Tranche US$575 Million and C$185 Million of Senior Unsecured Notes Due 2031 and Planned Redemption of Outstanding US$504 Million of Senior Secured Second Lien Notes Due 2029

Tue, 21 Jul 2026 17:33:00 -0400

Refinancing our existing 2029 notes enhances financial flexibility by transitioning to a senior unsecured note from senior securedSignificantly reduces interest costs, extends tenor to 2031, eliminates the mandatory 10% amortization feature and relaxes covenantsCalgary, Alberta--(Newsfile Corp. - July 21, 2026) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to announce that we have priced a private placement dual-tranche offering (the "Offering") of (i)...

Saturn Oil & Gas Inc. Announces Preliminary Second Quarter 2026 Highlights

Mon, 20 Jul 2026 07:55:00 -0400

Calgary, Alberta--(Newsfile Corp. - July 20, 2026) - 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 announce certain preliminary financial and operating highlights for the three and six months ended June 30, 2026 ("Q2 2026") based on information currently available to Management. The Company anticipates the full financial results for...

Saturn Oil & Gas Inc. Announces Extension and Increase to Credit Facility

Mon, 06 Jul 2026 17:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - July 6, 2026) - 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 that the Company has entered into a credit agreement amendment dated June 30, 2026 to amend our syndicated credit facility (the "Credit Facility"). The tenor of the Credit Facility has been amended from two years to three...

Saturn Oil & Gas Inc. Announces Approval of All Resolutions and Voting Results of Annual and Special Shareholder Meeting

Thu, 21 May 2026 17:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - May 21, 2026) - 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 and Special Meeting of shareholders (the "Meeting") held on May 21, 2026. Saturn is pleased to report that all matters presented at the Meeting were approved. A total of 138,348,252 common...

Saturn Oil & Gas Inc. Announces First Quarter 2026 Results Highlighted by Production, Adjusted Funds Flow and Free Funds Flow Ahead of Expectations

Wed, 06 May 2026 17:00:00 -0400

Production of 43,116 boe/d was 3% above the high end of guidance and again exceeded consensus estimatesAdjusted funds flow(1) over $107 million ($0.59/share) with free funds flow(1) over $62 million ($0.34/share)Net debt(1) down 5% from year end 2025 to $725 million, reflecting Saturn's continued commitment to debt repayment Accelerating capital from H2/26 into Q2 supports volumes coming on sooner into a strong oil price environmentCalgary, Alberta--(Newsfile Corp. - May 6, 2026) - Saturn Oil &...

Saturn Oil & Gas Inc. Announces Release Date for Q1 2026 Results and Provides Conference Call / Webcast Details

Thu, 16 Apr 2026 17:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - April 16, 2026) - 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 2026 financial results on Wednesday, May 6, 2026 after market close. A conference call and webcast will be held on Thursday, May 7, 2026, at 8:00 am MT (10:00 am ET) for interested investors,...

Saturn Oil & Gas Inc. Announces 2025 Results and Reserves, With $110 Million of Debt Repayment, Record Q4 Production Ahead of Guidance and 50% Free Funds Flow Yield

Wed, 11 Mar 2026 17:00:00 -0400

43,657 boe/d production in Q4/25 exceeded guidance by over 1,100 boe/d(2) and was 6% higher than Q3/25 Repaid $110 million of debt to exit 2025 with $761.5 million of net debt(1)Adjusted funds flow(1) ("AFF") of $464 million ($2.40/share) in 2025 increased 22% year-over-yearRecord $223 million ($1.15/share) of annual free funds flow(1) drove 50% free funds flow yield(1) at year-end, with over $33 million returned to shareholders in 2025 via ongoing share buybacks$5.47/share of PDP net asset...