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Saturn Oil & Gas moves to buy remaining Burgess Creek shares after securing 99.7% stake
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Saturn Oil & Gas moves to buy remaining Burgess Creek shares after securing 99.7% stake
  • Saturn Oil & Gas moved to acquire the remaining Burgess Creek Exploration common shares via a compulsory process following its takeover bid.
  • Saturn has taken up and paid for 133,408,948 shares, representing more than 99.7% of Burgess Creek’s outstanding common shares.
  • Cash consideration for the remaining shares is expected to be paid on or about Aug. 26, 2026.
  • Burgess Creek is privately held, 97% light oil and liquids weighted, with assets in Saturn’s core southeast Saskatchewan Oxbow area.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Saturn Oil & Gas Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608071600NEWSFILECNPR____20260807_308660_1) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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