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BRIEF-Saturn Minerals amends JOA with Jaguar Resources

Published 2015-09-02, 03:39 p/m
© Reuters.  BRIEF-Saturn Minerals amends JOA with Jaguar Resources
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Sept 2 (Reuters) - Saturn Minerals Inc SMI.V :
* Announces update on drilling of Bannock Creek oil exploration wells
* Says co and joint venture partner, Jaguar Resources Inc have agreed to amend
joint operating agreement initially entered into May 27
* Company and Jaguar have also agreed that Jaguar is indebted to the company for funds expended by the company on the joint venture
* Saturn and Jaguar have agreed to the amount of the default and Jaguar has agreed to reimburse Saturn upon securing funding

* Source text for Eikon ID:nMKW4gpCBa

* Further company coverage SMI.V

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