Brief: Saturn Oil & Gas announces joint operating, farm-in agreement at Flaxcombe

Saturn Oil & Gas

11/07/2017 20:00

July 11 (Reuters) - Saturn Oil & Gas Inc  SMI.V : 
    * Saturn Oil & Gas announces joint operating and farm-in 
agreement at Flaxcombe 
    * Has also entered into farm-in agreement with Westcore on 
recompletion of an existing well on Westcore's land at Flaxcombe 
    * Has entered into a joint operating agreement with Westcore 
Energy Ltd to develop two sections of land near Flaxcombe, 
Saskatchewan 
    * As per joint operating agreement, each of Saturn and 
Westcore shall have a 50% working interest in both land sections 
near Flaxcombe 
    * Will fund 100% of costs to bring well on Westcore's land 
at Flaxcombe on production in exchange for 50% interest in 
production from well 
 
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