Saturn Oil + Gas Inc.
Suite 1000 - 207 9 Ave SW T2P 1K3 Calgary, AB, Canada

Our pumps operate on the Prairiedale 16-36 pad in western Saskatchewan. The prairie fields are ready for harvest at the end of the summer.

Saturn Oil & Gas Inc. (TSX.V: SOIL) (FSE: SMK) today announced its financial and operating results for the three month period ended March 31. Highlights: Production averaged 706 bbls/day, adjusted EBITDAX (before pro-forma adjustments) was CAD 2.05 million, net income for the period ending March was CAD 657,851. #saturnoilgas Full news release: http://saturnoil.com//saturn-oil-gas-inc-announces-q1-2020

Saturn Oil & Gas Inc. (TSX.V: SOIL) (FSE: SMK) announced today that due to the impact of the global COVID-19 pandemic, it will postpone the filing of its interim financial statements and management's discussion and analysis for the first quarter period ended March 31, 2020, until no later than June 8, 2020. http://saturnoil.com//saturn-oil-gas-inc-postpones-release

Due to the COVID-19 pandemic, the Company will follow the Alberta Securities Commission Blanket Order 51-517, which provides for an extension of up to 45 days from the filing date (April 29, 2020) for an Issuer to file its Annual Filings. The Company intends to complete the Annual Filings on or before June 15, 2020.

Saturn Oil & Gas Inc. achieved strong corporate reserves growth in 2019 marked by a 57% increase in proved developed producing, 65% in total proved and 63% in proved plus probable reserves. #saturnoilgas http://saturnoil.com/newsreleases_detail