Saturn Oil & Gas (TSE:SOIL) has released an update.
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Saturn Oil & Gas Inc. has announced record-breaking quarterly results with a significant increase in production, adjusted EBITDA, and funds flow. The company achieved a 30% increase in production from the previous quarter and reported over $110 million in cash reserves, showcasing its strategic focus on enhancing shareholder value. This financial success is attributed to well outperformance, disciplined cost management, and a strategic approach to cash flow generation.
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