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OILSF
Saturn Oil & Gas Inc.

Ordinary Shares

1.605

-0.003

-0.19%

1.62 / 1.65 (1200 x 4100)

Real-Time Best Bid & Ask: 04:51pm 07/22/2025
Delayed (15 Min) Trade Data: 11:51am 07/22/2025
Saturn Oil & Gas Inc. Company Logo

525 - 8th Ave SW, Suite 2800

Calgary, AB T2P 1G1

Canada

Principal Executive Offices:

525 - 8th Ave SW, Suite 2800

Calgary, ALB T2P 1G1

Canada

Business Description
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 and ESG-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 ...
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Financial Reporting
Reporting Status
International Reporting: Toronto Stock Exchange
Audited Financials
Audited
CIK
0001868917
Fiscal Year End
12/31
Company Officers & Contacts
John RC Jeffrey
CEO

Mr. Jeffrey is a graduate of the University of Saskatchewan with a MBA majoring in Finance. Mr. Jeffrey was the area finance manager for a Fortune 500 engineering consulting firm in Canada. Mr. Jeffrey has a strong background in operations and finance that has allowed him to successfully execute large engineering and environmental projects. Mr. Jeffrey was also a founder and CFO for Axiom Group, a geological and engineering consulting company that has drilled over 800 wells within western Canada.

Grant MacKenzie
Chief Legal Officer

Mr. MacKenzie joined Saturn from Dentons Canada LLP, where he was closely involved with the Company during its transformational growth that started in 2021. Mr. MacKenzie was a partner and Corporate co-lead of Dentons' Calgary office since 2018, and brings the experience of a legal career spanning over two decades. He has extensive experience advising private and public companies in capital markets, mergers and acquisitions, start-ups, public offerings and stock exchange compliance. He has advised numerous boards and management teams on matters concerning shareholder activism, corporate governance and TSX and TSX Venture Exchange listing matters. Mr. MacKenzie was Corporate Secretary for Saturn from February until September 2022 and has been a member of the Board of Directors since September 2022.

Scott J Sanborn
CFO

Mr. Sanborn brings 15 years of oil and gas focused finance, capital markets and accounting experience. He most recently served as Corporate Controller of Calgary-based Jupiter Resources from November 2016 until its sale to Tourmaline Oil in December 2020. Prior thereto, Mr. Sanborn held various leadership roles with energy companies including Marquee Energy and Verano Energy, and earlier, worked with KPMG LLP. Mr. Sanborn holds his Chartered Professional Accountant Designation and earned a Bachelor of Commerce degree in Accounting from the University of Calgary.

Cindy Gray
VP, Investor Rel.

Justin Kaufmann
Chief Development Officer

Mr. Kaufmann is a graduate from the University of Saskatchewan and a registered Professional Geologists with APEGS. He has had roles of increasing responsibility in management and geology for both private and public companies. Mr. Kaufmann was a founder of Axiom Energy Services, a division of Axiom Group. He brings with him a strong technical background and management experience to his role as Chief Development Officer.

Devon Chase
IR Analyst

Board of Directors
Ivan R Bergerman
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Mr. Bergerman is a graduate from the University of Saskatchewan, College of Law. Mr. Bergerman started his career in 2002 practicing primarily general Corporate Commercial, Securities, M&A and Oil & Gas Law with a major Calgary law firm. In 2006 Mr. Bergerman relocated back to his home town of Saskatoon and continued practicing high-end business law with a major Saskatoon law firm. In 2010 Mr. Bergerman made the decision to strike out on his own and founded what is now Bergerman Smith LLP. Mr. Bergerman’s principal practice areas are Public Company Advising (having worked with companies listed on the TSX Venture Exchange, Toronto Stock Exchange, CSE, NASDAQ, NYSE and NYSE MKT LLC), Initial Public Offerings, Exempt Market Distributions, Corporate Governance, M&A, Corporate Structuring & Restructuring, Financing, Natural Resources, Intellectual Property and General Corporate and Commercial.

Andrew Claugus
Independent Director, Audit Committee Member, Compensation Committee Member

Mr. Claugus is an entrepreneur and independent businessman, with extensive experience in petroleum engineering. From 2014 to 2022, Mr. Claugus was the Engineering Manager for MECO IV, LLC, which, prior to its acquisition, was a private oil & gas exploration and production company based in Denver, Colorado. Following the sale, Mr. Claugus founded WhiteFin Resources, a privately backed oil and gas company investing in non-operated interests in core areas of established basins. Mr. Claugus holds a Master of Engineering in Petroleum Engineering from Colorado School of Mines, and a BsC in Chemical Engineering, from Case Western Reserve University.

Thomas Gutschlag
Independent Director, Audit Committee Member, Compensation Committee Member

Dr. Gutschlag - currently the Chairman of Deutsche Rohstoff AG ("DRAG"), a public company listed on the Frankfurt Stock Exchange which identifies, and develops resource projects globally, with a focus on oil and gas development in the United States. Dr. Gutschlag cofounded DRAG in 2006, was its Chief Financial Officer from 2007 to 2015 and was its Chief Executive Officer from 2015 to 2022. Dr. Gutschlag is a qualified economist with a degree in economics from the University of Heidelberg and a doctorate from the University of Mannheim.

John RC Jeffrey
Nominating Committee Member

Mr. Jeffrey is a graduate of the University of Saskatchewan with a MBA majoring in Finance. Mr. Jeffrey was the area finance manager for a Fortune 500 engineering consulting firm in Canada. Mr. Jeffrey has a strong background in operations and finance that has allowed him to successfully execute large engineering and environmental projects. Mr. Jeffrey was also a founder and CFO for Axiom Group, a geological and engineering consulting company that has drilled over 800 wells within western Canada.

Grant MacKenzie
Audit Committee Member, Compensation Committee Member

Mr. MacKenzie joined Saturn from Dentons Canada LLP, where he was closely involved with the Company during its transformational growth that started in 2021. Mr. MacKenzie was a partner and Corporate co-lead of Dentons' Calgary office since 2018, and brings the experience of a legal career spanning over two decades. He has extensive experience advising private and public companies in capital markets, mergers and acquisitions, start-ups, public offerings and stock exchange compliance. He has advised numerous boards and management teams on matters concerning shareholder activism, corporate governance and TSX and TSX Venture Exchange listing matters. Mr. MacKenzie was Corporate Secretary for Saturn from February until September 2022 and has been a member of the Board of Directors since September 2022.

James M.E Payne
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Mr. Payne is currently chief executive officer of dynaCERT Inc., a Canadian company that specializes in delivering Carbon Emission Reduction Technologies to the global marketplace. He brings 40 years of experience in strategic leadership roles within both public and private companies, corporate governance, finance and accounting, capital markets, executive leadership and business performance improvements. Mr. Payne also serves as Chief Executive Officer of a privately-held consulting, project management and real estate development company operating in the Greater Toronto Area. Mr. Payne graduated from St. Clair College in Construction Engineering, Project Management and Estimating.

Christopher H Ryan
Independent Director, Nominating Committee Member

Mr. Ryan is the CEO of Broadbill Energy Inc, an oil and gas technology infrastructure company. Prior to that, he was the Director of Midstream and Director of Operation Services for Kingston Midstream (formally Tundra Energy Marketing Ltd) and Exploitation Engineer with Tundra Oil and Gas. He has published 25 scientific publications, many of which were published during his time as a Research Scientist at the Canadian Light Source Inc. Chris currently sits on the Board for the Canadian Crude Quality Technical Association (CCQTA) as the Director of Midstream, and he is the Co-Chair of the Sampling and Frequency Working Group for the Crude Oil Quality Association (COQA). Chris is also an honorary founding member of the Global Institute of Water Security and is on various Canadian Association of Petroleum Producers (CAPP) Committees, specifically the CAPP Equalization Steering Committee and is a voted Working Group member of the Canadian Transportation of Dangerous Goods General Policy Advisory Council for Classification.

S. Janet Yang
Independent Director, Audit Committee Member, Compensation Committee Member, Nominating Committee Member

Other Company Insiders
Tom Glaugus
GMT Capital Corp.
Rajan Tandon
Libra Advisors
Other Company Insiders are all persons or entities beneficially owning 10% or more of any class of the issuer's securities. Together, officers, directors and other company insiders comprise Company Insiders.
Service Providers
Accounting/Auditing Firm
KPMG LLP.

3100, 205 - 5th Avenue SW

Calgary, AB T2P 4B9

Canada

Securities Counsel
McCarthy Tetrault LLP

Suite 3300

421 7th Ave SW

Calgary, AB T2P 4K9

Canada

Profile Data
SIC - Industry Classification
1311 - Crude petroleum and natural gas
Incorporation Information
AB, CA, 2025

SK, CA, 2018

BC, CA, 2001

Employees
336 as of 09/19/2024
Shell
No
Products and Services

Saturn Oil and Gas Inc. is an exploration and production company focused on generating positive shareholder returns by responsibly developing our high-quality, light oil weighted assets.

Company Facilities

Saturn Oil and Gas Inc. has three core light oil development areas: Southeast Saskatchewan, West Saskatchewan, and Central Alberta. Saturn's corporate headquarters is in Calgary, Alberta.

Company Notes
Sponsored by B. Riley Securities, Inc. for OTCQX International on September 22, 2022.
Formerly=Saturn Minerals Inc. until 1-2017
OTCQX Best Market Logo
Joined OTCQX 09/2022
The Company Profile data was verified by the issuer within the previous 6 months.
This security is not a Penny Stock as defined in SEC Rule 240.3a51-1.
This company has certified to OTC Markets Group that it is eligible to rely on the exemption from registration under Securities and Exchange Act Rule 12g3-2(b).
The company’s transfer agent has verified its outstanding shares directly to OTC Markets.
The Company’s board of directors includes at least two Independent Directors.
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