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Crude Oil

Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

APRIL 23, 2025

New reprocessed seismic over the Carnduff area facilitated selection of the location, and we have more than 60 incremental net booked locations in this region. Saturn intends to continue using seismic to select further locations, which we believe will contribute increased value to our booked inventory. GJ to $3.35/GJ.

Gas

Gas Oil BBL Exploration and Production

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

MARCH 10, 2025

Financial Summary The combined company’s production forecast at closing is 370,000 boe/d (63% liquids) and based on commodity prices of US$70 /bbl WTI and C$2.00 /GJ AECO, the forecast annualized funds flow is $3.8 After annual capital investments of $2.6 billion 4 , free funds flow is forecast at $1.2 billion 1.

Exploration and Production

Exploration and Production Energy Energy Natural Gas

Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

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