Saturn Oil & Gas Inc. reports operating and financial developments as a Canadian light oil-weighted producer with operated assets in Saskatchewan and Alberta. Company news commonly covers production performance, adjusted funds flow, free funds flow, development capital budgets, drilling activity across multiple zones, and independent reserves evaluations prepared under Canadian oil and gas disclosure standards.
Saturn updates also address capital allocation, including debt repayment, share repurchases under its normal course issuer bid, and acquisitions intended to complement its existing asset base. Corporate news includes governance and structure matters, such as the completed vertical amalgamation of wholly owned subsidiaries into a single corporate entity, while trading references identify the shares on the TSX under SOIL and on the OTCQX under OILSF.
Saturn Oil & Gas (OTCQX: OILSF) will release its Q1 2026 financial results on Wednesday, May 6, 2026 after market close. A conference call and webcast for investors and analysts is scheduled for Thursday, May 7, 2026 at 8:00 am MT (10:00 am ET).
Live webcast and dial‑in details are provided, and an audio replay will be available one hour after the call and remain accessible for 12 months.
Saturn Oil & Gas (OTCQX: OILSF) reported strong 2025 results: Q4 production of 43,657 boe/d (+6% QoQ), adjusted funds flow $464M (+22% YoY), and record free funds flow $223M producing a 50% free funds flow yield. The company repaid $110M of senior notes and finished the year with $761.5M net debt.
Independent reserves (Ryder Scott) show PDP of 94.4 MMboe (+9%), 1P of 144.1 MMboe (+9%) and 2P of 219.6 MMboe (+10%), with PDP NAV per share of $5.47 and 31% growth in reserves per debt-adjusted share.
Saturn Oil & Gas (OTCQX: OILSF) will report its Q4 and full year 2025 financial results and year-end 2025 independent reserves evaluation on Wednesday, March 11, 2026 after market close.
A conference call and webcast for investors and analysts is scheduled for Thursday, March 12, 2026 at 8:00 am MT (10:00 am ET); replay available for 12 months.
Saturn Oil & Gas (OTCQX: OILSF; TSX: SOIL) completed a vertical short-form amalgamation effective January 1, 2026 with its wholly owned subsidiaries 1777241 Alberta Ltd. (formerly CapitalEnergy Corporation) and Clearview Resources Ltd.
The amalgamation consolidates Saturn's assets and development activities into a single corporate entity, which the company says will reduce corporate and operational expenses. No action is required by existing shareholders and existing share certificates are unchanged. The certificate of Amalgamation is available on SEDAR+.
Saturn Oil & Gas (OTCQX: OILSF) announced a disciplined $180–$190 million 2026 development capital budget assuming US$60 WTI, targeting average production of 39,000–41,000 boe/d (~81% liquids). The plan prioritizes high-return open-hole multi-lateral (OHML) and conventional Mississippian drilling, allocates up to 33% of capital to OHML, and expects Adjusted Funds Flow $325–$375M and Free Funds Flow $120–$170M (yield 25%–35%). Saturn intends to use incremental free funds flow for debt repayment, share buybacks, or accretive tuck-ins and can scale the program quickly if prices strengthen.
Saturn Oil & Gas (OTCQX: OILSF) reported Q3 2025 results with production of 41,142 boe/d (≈10% above prior guidance midpoint), adjusted funds flow $103.3M (≈$0.54/share) and positive free funds flow $15.9M. The company executed an $87.3M capital program, closed a SE SK tuck-in adding ~4,100 boe/d and later closed a Central AB tuck-in adding ~1,300 boe/d post-quarter. Net debt was $782.5M (senior notes principal US$553M). Liquidity included $34M cash and an undrawn $150M credit facility. Management highlighted continued cost control (net opex $19.24/boe), ongoing debt repayment, and share buybacks to support per-share accretion.
Saturn Oil & Gas (OTCQX: OILSF / TSX: SOIL) will release Q3 2025 financial results on Wednesday, November 5, 2025 after market close.
A conference call and live webcast with Saturn's leadership to discuss results and host Q&A is scheduled for Thursday, November 6, 2025 at 8:00 am MT (10:00 am ET). Investors can join via the live webcast link or by dialing the North America toll-free or international numbers.
An audio replay will be available one hour after the call at the webcast link and remain accessible for 12 months; the replay link will also be posted on Saturn's website.
Saturn Oil & Gas (OTCQX:OILSF) has announced significant operational updates and strategic developments. The company has increased its 2025 exit production forecast to 43,000-44,000 boe/d, representing a 12% increase over original guidance, while reducing capital expenditures by 18% to $245-265 million.
The company has executed $85 million in strategic tuck-in acquisitions adding approximately 5,400 boe/d of production and 145 gross drilling locations in Saskatchewan. Additionally, Saturn invested $17.5 million in Viewfield Bakken land acquisition, adding 60 new drilling locations.
The company has appointed Lynn A. Peterson, former Executive Chair of Chord Energy Corporation, as an independent board member. Despite operational changes, Saturn maintains its year-end leverage target of 1.2-1.4 times net debt to adjusted EBITDA, with operating expenses expected to decline by 3% to $19.50-20.00 per boe.
Saturn Oil & Gas (TSX: SOIL, OTCQX: OILSF) has received TSX approval to renew its Normal Course Issuer Bid (NCIB) for another year, following the completion of its existing program. Under the new NCIB, Saturn can purchase up to 12,078,583 shares (10% of public float) between August 27, 2025, and August 26, 2026.
The company successfully completed its prior NCIB by repurchasing 9,732,312 shares for $20.3 million at an average price of $2.09 per share. Additionally, Saturn completed a Substantial Issuer Bid (SIB) resulting in the cancellation of 1,608,182 shares at $2.15 per share, achieving a total 6% reduction in outstanding shares since August 2024.
ATB Capital Markets will conduct the NCIB, with daily purchases limited to 65,420 shares. The company will fund purchases from available cash, and all repurchased shares will be cancelled.
Saturn Oil & Gas (OTCQX:OILSF) reported strong Q2 2025 results, with production of 40,417 boe/d exceeding guidance. The company achieved significant debt reduction of $119 million compared to Q1 2025, bringing net debt to $695 million. Financial performance was robust with adjusted funds flow of $109 million ($0.56/share) and record free funds flow of $93 million ($0.48/share).
Key operational highlights include net operating expenses of $18.28/boe, beating guidance, and strong well performance with several top-ranking wells in Saskatchewan. The company enhanced shareholder returns through its share buyback program, contributing to total shareholder returns of ~$24 million since August 2024.
Looking ahead, Saturn plans Q3 2025 capital expenditures of $80-90 million for drilling approximately 21 wells, with Q3 production guidance of 37,000-38,000 boe/d. The company is also initiating its first Viewfield waterflood project to enhance oil recovery.