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Calgary, Alberta--(Newsfile Corp. - September 3, 2026) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, today announced that the Toronto Stock Exchange ("TSX") has accepted Saturn's notice to renew our Normal Course Issuer Bid ("NCIB") for a further one-year term, following the successful completion of our previous NCIB, which we fully completed on July 22, 2026, and which expired on August 26, 2026 (the "Prior NCIB"). Saturn's Return of Capital Commitment Pursuant to the Prior NCIB, Saturn received approval to purchase for cancelation up to 12,078,583 common shares ("Shares"), which represented approximately 10% of the Public Float (as defined below) as of August 21, 2025.

Calgary, Alberta--(Newsfile Corp. - August 7, 2026) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of assets in Saskatchewan and Alberta, is pleased to provide an update on the previously announced offer (the "Offer") by Saturn to purchase all of the issued and outstanding common shares (the "Common Shares") of Burgess Creek Exploration Inc. ("Burgess Creek"), a privately held, 97% light oil and liquids weighted producer with assets in the heart of Saturn's core southeast Saskatchewan Oxbow area. Following expiry of the Offer and the mandatory 10-day extension period, Saturn has taken up and paid for 133,408,948 Common Shares pursuant to the Offer, representing over 99.7% of the issued and outstanding Common Shares.