Saturn Oil & Gas Inc.
(MENAFN- Baystreet) 09:58 AM EST - Saturn Oil & Gas Inc. : Announced a corporate update which reflects Saturn's year-to-date operational outperformance, including new drill volumes that have averaged nearly 1,000 boe/d higher than original forecasts; a $50 to $60 million reduction in our 2025 capital expenditure budget; the pro-forma impact of tuck-in acquisition activity; and the expansion of our Saskatchewan land base, supporting further open hole multi-lateral development in the Bakken. In addition, Saturn is pleased to announce the appointment of Mr. Lynn A. Peterson to the Company's Board of Directors as its newest independent member. Saturn Oil & Gas Inc.
shares T are trading up $0.02 at $2.52.
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