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Saturn Oil to acquire Burgess Creek Exploration
TAKEN PRIVATEJul 27, 2026•13 days ago
Acquiring Company
Saturn Oil & Gas
Acquired Company
Burgess Creek Exploration
CalgaryOil And GasEnergyOil And Gas
Description
Saturn Oil & Gas Inc. has successfully completed its offer to acquire all common shares of Burgess Creek Exploration Inc., with shareholders representing over 99% accepting the offer. The acquisition is expected to enhance Saturn's portfolio and support its 'Core-Up' strategy. The offer includes a mandatory extension period until August 6, 2026, for remaining shareholders to tender their shares. Saturn plans to acquire any outstanding shares thereafter under compulsory acquisition provisions.
Company Information
Company
Saturn Oil & Gas
Location
SUITE 1000 - 207 9 AVE SW
Calgary, Alberta, Canada
About
Saturn Holdings SK Ltd. is a wholly-owned subsidiary of Saturn Oil & Gas Inc. with a focus on developing assets in Saskatchewan. The Amalgamation has brought the asset base and development activities of Saturn Holdings SK Ltd. under a single corporate entity, streamlining corporate and operational expenses.