Saturn Minerals Inc. Announces Drilling of Bannock Creek Oil Exploration Well
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/13/15 -- Saturn Minerals Inc. (TSX VENTURE: SMI)(FRANKFURT: SMK) ("Saturn" or the "Company") is pleased to announce that further to the Company''s news release dated April 24, 2015 road bans in the Bannock Creek Property area have been lifted and property ground conditions have enabled the Company to move a rig and crew to the property. The Bannock Creek exploration well has now been spudded and drilling of the Bannock Creek Well is underway, (see news releases dated February 10, 2015 and April 24, 2015).
Saturn has contracted with West Rock Energy Consultants Ltd. of Calgary, Alta., to provide all logistical support and a drill for the drilling program under the direction of the company''s geological team, Craig Boland, PGeo, and Chris Barton, PGeo.
Bonanza Drilling Inc., Brooks, Alberta has been contracted to drill the Bannock Creek well utilizing their Bonanza #1 rig.
About Saturn Minerals Inc.
Saturn Minerals Inc. (TSX VENTURE: SMI)(FRANKFURT: SMK) is a junior Canadian energy company advancing a portfolio of oil and coal properties in Saskatchewan and Manitoba. The Company owns 376,800 acres of exclusive oil & gas rights in Saskatchewan and is advancing a number of oil exploration projects. Saturn has also made three shallow bituminous coal discoveries since 2009 with coal seams ranging in continuous vertical thickness from 9 to 89 meters. Saturn has a strategic ownership in Inowending Exploration & Development Corp., a First Nations owned exploration and development company co-founded by Saturn with a consortium of Saskatchewan First Nations active in Canada''s prairie provinces.
On Behalf of the Board of Directors
SATURN MINERALS INC.
Stan Szary, Chief Executive Officer
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE
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Saturn Minerals Inc.
+1 (604) 685-6989
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Datum: 13.05.2015 - 12:27 Uhr
Sprache: Deutsch
News-ID 1358681
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