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Saturn Oil & Gas to acquire Corex Resources for $302M

TAKEN PRIVATEOct 19, 2026

Acquiring Company

Saturn Oil & Gas

Acquired Company

Corex Resources Ltd.

CalgaryOil And Gas

Description

Saturn Oil & Gas Inc. has entered into a definitive agreement to acquire Corex Resources Ltd. for $302 million. The acquisition will enhance Saturn's production capabilities, adding approximately 7,000 bbl/d of light oil production. Saturn aims to strategically expand its core operations into Manitoba, with the deal expected to close in December 2026.

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.

Fundz sees it the moment Saturn Oil & Gas makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
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Frequently asked

Who acquired Corex Resources Ltd.?

Corex Resources Ltd. was acquired by Saturn Oil & Gas, based in Calgary. The deal was reported on October 19, 2026. Saturn Holdings SK Ltd. is a wholly-owned subsidiary of Saturn Oil & Gas Inc. with a focus on developing assets in Saskatchewan. Saturn Oil & Gas is privately held and operates in Oil And Gas.

When did Saturn Oil & Gas acquire Corex Resources Ltd.?

Saturn Oil & Gas's acquisition of Corex Resources Ltd. was reported on October 19, 2026. Saturn Oil & Gas Inc. has entered into a definitive agreement to acquire Corex Resources Ltd. for $302 million. The acquisition will enhance Saturn's production capabilities, adding approximately 7,000 bbl/d of light oil production. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Corex Resources Ltd. do?

Corex Resources Ltd. is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.