The Little Swan oil & gas property is 1,027 sq. km in size and is located near the town of Hudson Bay Saskatchewan. Access to the Little Swan property is excellent with paved highway, active rail and an extensive network of logging roads that are in excellent condition. Property terrain is a mixture of farmland and forest.
Saturn was awarded the oil & gas rights for the Little Swan property via competitive bid in early 2011.
Saturn's acquisition of the Little Swan property is a result of the Company encountering evidence for conventional oil in while exploring for coal. For more information, please refer to the Company's Technical Reports.
Light Oil Potential for a New Area
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The potential for conventional oil & gas deposition in eastern Saskatchewan is sparsely documented despite the fact that 1/3 of the province is underlain by the Western Canadian Sedimentary Basin.
Saturn's acquisition of the Little Swan property is part of a systematic program of oil & gas rights acquisitions in Saskatchewan. The oil & gas permits being acquired and pursued by Saturn are attractively priced, long-lived and grant the rights holder ownership to any oil & gas resources from surface to the precambrian basement, a geological succession which in this region of Saskatchewan holds several known oil & gas producing formations.
Saturn commenced it's oil & gas rights initiatives in 2011.
The company will release more information when it becomes available.
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Little Swan Property, Saskatchewan
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