Welcome to a New Area of the Williston Basin
Focused on the Oil Triangle
Prepared to drill in underexplored petroleum basin
Saturn Minerals Inc. (TSX.V: SMI / FRANKFURT: SMK) is a junior Canadian Energy Company focused on the northern section of Williston Basin which has oil bearing formations similar to the production center in the southern parts of the basin in Manitoba, Montana and North Dakota. Since 2008 Saturn acquired more than 190,000 hectares of oil and gas exploration permits for the projects near the town of Hudson Bay, Humbolt and Kamsack in Saskatchewan.
+ Hit oil between 650 and 740 meters on Bannock Creek project
+ Low cost conventional drilling below approx. 830,000 CAD all in
+ Target light oil with low production costs at approx. 25 CAD per barrel
+ Maximize shareholder value through land acquisition at low costs
+ Solid international shareholder structure
"Our oil hit in February 2016 is a true historical milestone for northeastern Saskatchewan,” said Stan Szary, CEO of Saturn Minerals Inc. “The Northeastern Williston Basin is a wildcat driller’s paradise, and we’ve shown that with the discovery of oil in the very first well that has successfully penetrated beyond 650 meters in this vicinity. I’m very proud of our team and believe that this is the start of a very significant update to the entire geological map of this part of the province.”
We will attend to the 'Edelmetall & Rohstoffmesse' conference in Munich (Germany) on November 3 and 4, 2016. We welcome you at our booth.
Photos and videos
Impressions of the latest drilling program on the Bannock Creek project are available on the corporate Facebook profile: https://www.facebook.com/SaturnMineralsSMI/
We welcome you to watch our corporate video: