Saturn Minerals Inc. Announces Seismic Program on Bannock Creek Oil & Gas Property
(firmenpresse) - Saturn Minerals Inc. Announces Seismic Program on Bannock Creek Oil & Gas Property
August, 15, 2013, Vancouver – Saturn Minerals Inc. (TSX.V: SMI) (FSE: SMK) (“Saturn” or the “Company”) is pleased to announce that it has commences a seismic acquisition program (the “Seismic Survey” or “Survey”) on EP-72 (the “Bannock Creek”) property in eastern Saskatchewan. The survey is being completed by Geostrata Resources Inc. of Calgary, Alberta.
The Seismic Survey will cover the north-eastern portion of the Bannock Creek property and has been designed to cover/test large scale anomalies identified in historical geophysical work completed by the company since 2009. The Bannock Creek property 122,880 acres in size and is situated over stratigraphy of the northern Williston Basin that has been shown to host high quality source, reservoir and seal rocks in more thoroughly explored parts of the basin. The Seismic Survey is designed to identify potential structural and stratigraphic traps where the oil may have been trapped. The most promising traps identified in the Survey will form the drill targets of exploration wells to be completed in next phases of exploration.
The Seismic Survey has been designed and is being managed by the executive and exploration team of Vector Exploration Corp. (“Vector”) in close conjunction with the Company’s VP of Exploration, Dr. Krzysztof Mastalerz. From 2006 through 2012, the exploration team of Vector drilled 70 successful exploration & development wells along the Saskatchewan / Manitoba border based on acquired seismic data and interpretation.
About Saturn Minerals Inc.
Saturn Minerals Inc. (TSX.V: SMI) (FSE: SMK) is a junior Canadian energy company advancing a portfolio of oil and coal properties in Saskatchewan and Manitoba. The Company owns 370,000 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.
To learn more, please contact the Company at +1 (604) 685-6989 or visit: www.saturnminerals.com
On Behalf of the Board of Directors
SATURN MINERALS INC.
s/ “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
Leseranfragen:
Saturn Minerals Inc.
410-890 West Pender Street
Vancouver, BC V6C 1J9
Kanada
Roger Fullerton
Corporate Communications
Tel.: +1 (952) 929-7243
E-Mail: roger(at)saturn-x.com
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Datum: 15.08.2013 - 16:48 Uhr
Sprache: Deutsch
News-ID 288293
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