Saturn Oil & Gas Raises 2026 Exit Production Forecast to 54,000-56,000 BOE/D

• Saturn Oil & Gas forecasts 2026 exit production of 54,000-56,000 boe/d following its planned $302 million Corex acquisition.
• Full-year average production guidance remains 43,000-44,000 boe/d, with the acquisition expected to close in December.
• Acquired assets are expected to generate $192 million in net operating income over the next 12 months at current strip prices.
• The acquisition adds approximately 7,000 barrels daily of light oil production, supporting higher adjusted funds flow and free funds flow per share.
• The 2027 exit target for net debt to adjusted EBITDA remains unchanged at less than one times.

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: 202610190630NEWSFILECNPR____20261019_319625_1) on October 19, 2026, and is solely responsible for the information contained therein.