Saturn Minerals Updates Seismic Interpretation for Bannock Creek

Saturn Minerals Inc. (TSXV:SMI) announced that the interpretation of the latest seismic data from the Bannock Creek property in Eastern Saskatchewan is now complete.

As quoted in the market news:

Saturn is pleased to report that the recently acquired data has confirmed the anticlinal four way closure of a drillable prospect on the Bannock Creek property. This closed fault bounded roll over structure is 480 acres minimum in area and has the potential to contain up to 38 million barrels in place of resource from all three targeted reservoirs.

Stan Szary, president and CEO of Saturn, stated:

This is the third seismic program completed on the Bannock Creek project since 2012 and we’ve established a strong exploration target with these multiple fault bounded closures. The amount of faulting and trap structures that are shown within the known oil-producing reservoirs underlying the Bannock Creek area prove that conventional oil exploration is viable and exciting in this part of the Williston Basin.

Click here for the full Saturn Minerals Inc. (TSXV:SMI) press release