Brief: Saturn Oil & Gas Inc To Acquire Synergistic Assets In Viking Area Of West-Central Saskatchewan For About $260 Million

Saturn Oil & Gas

01/06/2022 24:41

May 31 (Reuters) - Saturn Oil & Gas Inc  SOIL.V :
    * ANNOUNCES ACCRETIVE VIKING LIGHT OIL ACQUISITION IN
SASKATCHEWAN
EXPANDING CURRENT PRODUCTION OVER 50%, BOUGHT DEAL FINANCING,
REVISED GUIDANCE AND THREE YEAR STRATEGIC PLAN
    * TO ACQUIRE SYNERGISTIC ASSETS IN VIKING AREA OF
WEST-CENTRAL
SASKATCHEWAN FOR ABOUT $260 MILLION
    * ACCRETIVE TRANSACTION DRIVES 2023 GUIDANCE FOR ADJUSTED
FUNDS
FLOW OF $223 MILLION EQUATING TO $3.98 PER SHARE

Source text for Eikon:  ID:nCNWJpJYLa 
Further company coverage:  SOIL.V 

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