Saturn Oil & Gas Inc. Announces Second Quarter 2021 Results Release Date, Conference Call and Webcast Details

CALGARY, ALBERTA – August 27, 2021 - Saturn Oil & Gas Inc. (TSXV: SOIL) (FSE: SMK) (“Saturn” or the “Company”) intends to report Q2 2021 results after markets close on Monday, August 30, 2021.

John Jeffrey, Chief Executive Officer; Scott Sanborn, Chief Financial Officer and Justin Kaufmann, Senior Vice President Exploration will present the Q2 2021 quarterly results and an investor update at a conference call with concurrent audio webcast, scheduled for:

Date:                   Tuesday, August 31, 2021

Time:                   12:00 pm Noon Eastern Daylight Time (10:00 am MDT)

Weblink:             https://saturnoil.com/invest/q2-2021-results-webcast

Dial-In #:             1-855-703-8985 (Toll-Free)

ID:                        944 2187 6014 #

A recorded archive of the webcast will be available afterwards on the Company’s website: www.saturnoil.com.

About Saturn Oil & Gas Inc.

Saturn Oil & Gas Inc. is a growing Canadian energy company focused on generating positive shareholder returns through the continued responsible development of high-quality, light oil weighted assets, supported by an acquisition strategy that targets highly accretive, complementary opportunities. Saturn has assembled an attractive portfolio of free-cash flowing, low-decline operated assets in Southeastern Saskatchewan and West Central Saskatchewan that provide a deep inventory of long-term economic drilling opportunities across multiple zones. With an unwavering commitment to building an ESG-focused culture, Saturn’s goal is to increase reserves, production and cash flows at an attractive return on invested capital. Saturn’s shares are listed for trading on the TSXV under ticker ‘SOIL’ and on the Frankfurt Stock Exchange under symbol ‘SMK’.

Saturn Oil & Gas Investor & Media Contacts:

John Jeffrey, MBA – Chief Executive Officer  

Tel: +1 (587) 392-7902    

www.saturnoil.com    

Kevin Smith, MBA – VP Corporate Development

Tel: +1 (587) 392-7900

[email protected]

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 press release.