# Saturn Oil & Gas Acquires Corex for C$302M

> Saturn Oil & Gas agrees to buy Corex Resources for C$302 million in cash and shares.
- Title: Saturn Oil & Gas Acquires Corex for C$302M · TokenPost
- Summary: Saturn Oil & Gas agrees to buy Corex Resources for C$302 million in cash and shares. Saturn Oil & Gas Inc. agreed to acquire Corex Resources Ltd. for C$302…
- Keywords: saturn oil & gas, corex resources, c$302 million, manitoba oil field, oil production, acquisition, crypto, finance, Saturn, Oil, Gas, Acquires
- Source: TokenPost — https://tokenpost.com/news/business/34957
- Published: 2026-10-19T18:36:16+00:00
- Read time: 1 min
- Topics: saturn oil & gas, corex resources, c$302 million, manitoba oil field, oil production, acquisition, crypto, finance
## Acquisition Deal
Saturn Oil & Gas Inc. agreed to acquire Corex Resources Ltd. for C$302 million in cash and shares.
## Production Impact
The deal adds about 7,000 barrels a day of light and medium crude oil production in Manitoba.
## Shareholder Approval
Corex shareholders holding 72% of shares approved the transaction through written resolution.
## Key takeaway

Saturn Oil & Gas Inc. agreed to acquire Corex Resources Ltd. for C$302 million, adding 7,000 barrels of oil production daily.