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Saturn Oil & Gas Sets New Production Record, Exceeds Q4 2024 Guidance

Story Highlights
  • Saturn Oil & Gas achieved a record production of over 41,000 boe/d in Q4 2024.
  • Strategic drilling and optimization position Saturn for sustained growth and improved returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Saturn Oil & Gas Sets New Production Record, Exceeds Q4 2024 Guidance

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Saturn Oil & Gas ( (TSE:SOIL) ) just unveiled an update.

Saturn Oil & Gas Inc. reported a new corporate production record with estimated Q4 2024 volumes exceeding 41,000 boe/d, surpassing their guidance due to successful capital programs and production optimization. The company’s strategic drilling in the Flat Lake and Battrum fields and the advancement of its OHML development positions Saturn for improved returns and sustained growth, with plans to continue leveraging its technical expertise and operational momentum into 2025.

More about Saturn Oil & Gas

Saturn Oil & Gas Inc., based in Calgary, Alberta, is a light oil-weighted producer focused on developing its assets in Saskatchewan and Alberta. The company aims to unlock value through efficient capital programs and innovative production optimization strategies.

YTD Price Performance: -0.65%

Average Trading Volume: 24,526

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $306M

See more data about SOIL stock on TipRanks’ Stock Analysis page.

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