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Calgary, Alberta (Newsfile Corp. - March 28, 2023) - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMKA) (OTCQX: OILSF) ("Saturn" or the "Company") is pleased to report its financial and operating results
The cash is part of the federal government's $1.7-billion program aimed at addressing the environmental risk of the aging oil and gas infrastructure, while also providing jobs to the beleaguered energy services sector after the pandemic began and oil prices crashed.
Saturn has tied-in nine horizontal wells drilled since spring break up increasing production to 12,000 boe/d[1]$8 million of environmental remediation expenditures have been deployed of total 2022 budget