Business
Saturn Oil & Gas Completes Vertical Amalgamation
Calgary, Alberta--(Newsfile Corp. - January 2, 2026) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTC...
About this update from Saturn Oil & Gas Inc.
[{"type":"text","content":"Saturn Oil & Gas Completes Vertical AmalgamationCalgary, Alberta--(Newsfile Corp. - January 2, 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 assets in Saskatchewan and Alberta, today announces that, effective January 1, 2026, the Company completed a vertical short-form amalgamation with two wholly-owned subsidiaries, 1777241 Alberta Ltd. (formerly CapitalEnergy Corporation) and Clearview Resources Ltd. (the \"Amalgamation\"). Through the Amalgamation, Saturn's asset base and development activities now function under a single corporate entity, reducing corporate and operational expenses. Following the Amalgamation, no action is required by existing shareholders, nor will any certificates representing Saturn's common shares be affected. The certificate of Amalgamation is available on the Company's SEDAR+ profile at www.sedarplus.ca.About Saturn Oil & Gas Inc.Saturn is a returns-driven Canadian energy company focused on the efficient and innovative development of high-quality, light oil weighted assets, supported by an acquisition strategy targeting accretive and complementary opportunities. The Company's portfolio of free-cash flowing, low-decline operated assets in Saskatchewan and Alberta provide a deep inventory of long-term economic drilling opportunities across multiple zones. With an unwavering commitment to building an entrepreneurial-focused culture, Saturn's goal is to increase per share reserves, production and cash flow at an attractive return on invested capital. The Company's shares are listed for trading on the TSX under ticker 'SOIL' and on the OTCQX under the ticker 'OILSF'. Further information and our corporate presentation are available on Saturn's website at www.saturnoil.com.Saturn Oil & Gas Investor & Media Contacts:John Jeffrey, MBA - Chief Executive OfficerTel: +1 (587) 392-7900www.saturnoil.comCindy Gray, MBA - VP Investor Relations Tel: +1 (587) [email protected] Information and Statements:This news release contains forward-looking information that is based on current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates. Forward-looking information does not ...