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SMI Saturn Oil And Gas

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Share Name Share Symbol Market Type
Saturn Oil And Gas TSXV:SMI TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Saturn Minerals Acquires 100% of Little Swan Oil & Gas Property in Eastern Saskatchewan

01/03/2012 7:25pm

Marketwired Canada


Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the
"Company") is pleased to announce that it has acquired a 100% undivided interest
in the Little Swan oil & gas property in eastern Saskatchewan from the Company's
former joint-venture partners.


The Little Swan property is 102,757 hectares in size and located immediately
adjacent to the Company's Armit coal property and is accessible by highway and
extensive logging roads. The Little Swan property is one of the largest oil &
gas permits in the province of Saskatchewan and was acquired by Saturn in
early-2011 after evidence of hydrocarbons were encountered during the course of
coal exploration. 


The Company is presently finalizing its 2012 exploration and drilling plans for
the Little Swan and Bannock Creek oil & gas properties, both located near the
Pasquia Hills in eastern Saskatchewan.


About Saturn Minerals Inc.

Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) is a junior Canadian
energy & resources company advancing a portfolio of energy and resource assets
in Saskatchewan, Manitoba and British Columbia. The Company has made two
bituminous coal discoveries at its Saskatoba Project since 2009, including one
of the thickest coal seams encountered in Canada at 89 metres thickness. The
Company also has strategic ownership in Inowending Exploration & Development
Corp., a First Nations owned exploration & development company active in
Canada's prairie provinces.


On Behalf of the Board of Directors

SATURN MINERALS INC. 

Stan Szary, Chief Executive Officer

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