Business
Saturn Oil & Gas Inc. Announces Third Quarter 2025 Results, Highlighted by Production Ahead of Guidance and Continued Execution of Our Blueprint Strategy
Q3/25 production of 41,142 boe/d exceeded previous guidance, the previous quarter and the same pe...
About this update from Saturn Oil & Gas Inc.
[{"type":"text","content":"Saturn Oil & Gas Inc. Announces Third Quarter 2025 Results, Highlighted by Production Ahead of Guidance and Continued Execution of Our Blueprint StrategyQ3/25 production of 41,142 boe/d exceeded previous guidance, the previous quarter and the same period in 2024Adjusted funds flow(1) totaled $103 million ($0.54/share(1)) in Q3/25 with free funds flow(1) of $16 million Executed an $87 million capital program in the quarter, with a capital shift to core-up acquisition opportunities that offer better economics relative to drilling in the current oil price environment Net opex(1) was 3% below guidance at $19.24/boe, reflecting continued cost reduction and efficiency captureQuarterly debt repayments totaled US$16.3 million (C$22.6 million) and over the past five quarters have totaled US$98 million (C$133 million) reducing principal outstanding on our senior notes to US$553 million at quarter endCalgary, Alberta--(Newsfile Corp. - November 5, 2025) - 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, is pleased to report our operating and financial results for the three and nine months ended September 30, 2025, highlighted by strong quarterly production that exceeded internal guidance and analyst consensus estimates, and robust adjusted funds flow (\"AFF\") despite a weakening commodity price environment. Saturn's financial statements (\"Financial Statements\"), as well as Management's Discussion and Analysis (\"MD&A\") for the three and nine months ended September 30, 2025, are available on our website and filed on SEDAR+ at sedarplus.ca. A conference call and webcast to discuss the results has been scheduled for Thursday, November 6, 2025 at 8:00 am Mountain Time (10:00 am Eastern Time). Access details for the conference call and webcast are provided below.\"Saturn's Q3/25 results demonstrate the continued execution of our Blueprint strategy, as production once again exceeded guidance and analyst consensus estimates, and we highlighted our commitment to allocate capital to opportunities offering the highest returns with the announcement of two separate tuck-in acquisitions that had attractive metrics of under $16,000 per flowing boe,\" said John Jeffrey, Chief Executive Office...