Saturn Oil & Gas Raises 2026 Guidance, Targets Exit Volumes of 48-50k Boed

Saturn Oil & Gas Inc. has announced increased guidance for its full-year 2026 performance, reflecting the company's confidence in its development inventory and ability to deploy capital efficiently.

The updated estimates include an average annual production of 43,000-44,000 boe/d (~82% liquids), targeting exit volumes between 48,000 and 50,000 boe/d. This represents a ~10% increase from the original 2026 guidance.

The company's development capital budget has been expanded to $355-$375 million, with 85% directed towards drilling, completion, equip, and tie-in activities. Saturn plans to drill 156 (136.2 net) wells across Saskatchewan and Alberta.