StreetInsider.com News Articles

Saturn Oil & Gas to acquire Corex Resources for $302M

Mon, 19 Oct 2026 06:32:18 -0400

Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) has entered into a definitive agreement to acquire all issued and outstanding shares of privately held Corex Resources Ltd. for total consideration of $302 million, the Calgary-based company announced.

The acquisition adds approximately 7,000 barrels per day of 100% light oil production in Southwest Manitoba, adjacent to Saturn's existing Southeast Saskatchewan operations. The deal consists of approximately $252 million in cash, funded through cash on hand and a draw on Saturn's credit facility, plus Saturn common shares with a deemed value of $50 million based on a 20-day volume-weighted average price.

Saturn shares

Saturn Oil & Gas Inc. Continues Strategic Core Area Expansion with Acquisition of 100% Light Oil-Weighted Corex Resources Ltd.

Mon, 19 Oct 2026 06:30:00 -0400

Acquisition adds ~7,000 bbl/d^(1,5) of 100% light oil production, expanding Saturn's Southeast Saskatchewan core area into Manitoba and increasing our forecast 2026 exit production rate to 54,000 - 56,000 boe/d^(1,6)
Accretive $82.00/bbl⁽²⁾netbacks at current strip pricing, contributing to an estimated $192 million of run-rate net operating income (NOI)^(2,5)
Purchase price of $302 million represents 1.6x NOI^(2,5) and 82% of PDP NPV10⁽⁴⁾ value, aligning with Saturn's blueprint strategy
Transaction is expected to be immediately accretive to operating netback, adjusted funds flow per share and free funds flow per share, while exit 2027 target leverage metrics remain unchanged at under one times
Complementary development adds 323

Saturn Oil & Gas Inc. Continues Strategic Core Area Expansion with Acquisition of 100% Light Oil-Weighted Corex Resources Ltd.

Mon, 19 Oct 2026 06:30:00 -0400

Acquisition adds ~7,000 bbl/d^(1,5) of 100% light oil production, expanding Saturn's Southeast Saskatchewan core area into Manitoba and increasing our forecast 2026 exit production rate to 54,000 - 56,000 boe/d^(1,6)
Accretive $82.00/bbl⁽²⁾netbacks at current strip pricing, contributing to an estimated $192 million of run-rate net operating income (NOI)^(2,5)
Purchase price of $302 million represents 1.6x NOI^(2,5) and 82% of PDP NPV10⁽⁴⁾ value, aligning with Saturn's blueprint strategy
Transaction is expected to be immediately accretive to operating netback, adjusted funds flow per share and free funds flow per share, while exit 2027 target leverage metrics remain unchanged at under one times
Complementary development adds 323

Saturn Oil & Gas Inc. Announces Release Date for Q3 2026 Results and Provides Conference Call / Webcast Details

Fri, 16 Oct 2026 14:51:00 -0400

Calgary, Alberta--(Newsfile Corp. - October 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 Q3 2026 financial results on Wednesday, November 4, 2026, after market close.
A conference call and webcast will be held on Thursday, November 5, 2026, at 8:00 am ABT (9:00 am EST) for interested investors, analysts, brokers and media representatives. Details and instructions for accessing the call are provided below.
CONFERENCE CALL AND WEBCAST

Saturn Oil & Gas Inc. Announces Release Date for Q3 2026 Results and Provides Conference Call / Webcast Details

Fri, 16 Oct 2026 14:51:00 -0400

Calgary, Alberta--(Newsfile Corp. - October 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 Q3 2026 financial results on Wednesday, November 4, 2026, after market close.
A conference call and webcast will be held on Thursday, November 5, 2026, at 8:00 am ABT (9:00 am EST) for interested investors, analysts, brokers and media representatives. Details and instructions for accessing the call are provided below.
CONFERENCE CALL AND WEBCAST

Saturn Oil & Gas Inc. Announces TSX Approval to Renew the Normal Course Issuer Bid, Continuing Our Active Shareholder Returns Strategy

Thu, 03 Sep 2026 07:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - September 3, 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, today announced that the Toronto Stock Exchange ("TSX") has accepted Saturn's notice to renew our Normal Course Issuer Bid ("NCIB") for a further one-year term, following the successful completion of our previous NCIB, which we fully completed on July 22, 2026, and which expired on August 26, 2026 (the "Prior NCIB").
Saturn's Return of Capital Commitment
Pursuant to the Prior NCIB, Saturn

Saturn Oil & Gas Inc. Announces TSX Approval to Renew the Normal Course Issuer Bid, Continuing Our Active Shareholder Returns Strategy

Thu, 03 Sep 2026 07:00:00 -0400

Calgary, Alberta--(Newsfile Corp. - September 3, 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, today announced that the Toronto Stock Exchange ("TSX") has accepted Saturn's notice to renew our Normal Course Issuer Bid ("NCIB") for a further one-year term, following the successful completion of our previous NCIB, which we fully completed on July 22, 2026, and which expired on August 26, 2026 (the "Prior NCIB").
Saturn's Return of Capital Commitment
Pursuant to the Prior NCIB, Saturn

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin

EnerCom Announces SM Energy as a Keynote Speaker at the 31st EnerCom Denver - The Energy Investment Conference, on August 19, 2026, in Denver, Colorado

Fri, 31 Jul 2026 15:30:00 -0400

Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference,
featuring a broad group of public and private energy companies
Sponsorship opportunities are available for companies seeking to increase their market presence
DENVER, July 31, 2026 /PRNewswire/ -- EnerCom, Inc. ("EnerCom") is pleased to announce that Beth McDonald, President & CEO of industry leader SM Energy, has been confirmed as a keynote speaker at the 31^st annual EnerCom Denver – The Energy Investment Conference, on August 19, 2026, at the Westin