Kevin Smith, Vice President for Corporate Development of Saturn Oil & Gas, discusses the company's growth and production in Canada. They have experienced explosive growth, increasing their oil production from 7,000 to 27,000 barrels per day. Their operating costs are low, leaving a healthy margin for every barrel produced. The company has been focused on paying down debt and has already repaid $265 million. They plan to continue growing strategically and considering options like dividends and share buybacks once the debt is paid off. Saturn Oil & Gas also emphasizes their commitment to environmental sustainability and reducing CO2 emissions.
Saturn Oil & Gas: Oil Producer from Canada with Strong Cashflows
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