AUSTIN, Texas — Sid Miller, the agriculture commissioner of Texas, appears to disagree with Lt. Gov. Dan Patrick on the future of THC in the Lone Star State. On Wednesday, Patrick announced a legislative initiative to ban all consumable THC in Texas . As things stand right now, Texas allows the sale of consumable hemp products that do not exceed 0.3% delta-9 THC. The state also has a Compassionate Use Program that allows qualified physicians to prescribe low-THC cannabis to patients with specific medical conditions. Following his initial announcement, Patrick clarified that Senate Bill 3 – the bill in the upcoming legislative session that will aim to ban consumable THC – will not affect the state's Compassionate Use Program. Now Miller is sharing his own thoughts about Patrick's potential THC ban. An X user asked Miller, "Why is the Texas government trying to outlaw THC? Isn't it medicine for some folks?" "Not everyone is on the same page on this," Miller replied. "The GOP needs to find some consensus instead of constantly running in opposite directions. We know what the polls say. It's time to support the will of Texans." Back in May , the most recent Texas Lyceum Poll showed that 60% of Texans surveyed supported marijuana legalization. And while 31% didn't support legalization, nearly half said they would support decriminalizing small amounts of marijuana to a citation or fine. Miller himself has not supported recreational marijuana legalization in the past, but he has supported the expansion of medical marijuana use in Texas. In July 2022, Miller penned an editorial expressing his support for expanding the state's Compassionate Use Program. Shortly after, in an interview with Inside Texas Politics , he doubled-down on his thoughts. "If it'll help a toothache, I'm for it – anything that will relieve pain or suffering from somebody," Miller said. "And we've seen this, how it helps PTSD, cancer patients, etc. But we just need to open it up to everybody and quit picking winners and losers." In the same interview, Miller said he was not advocating for recreational use of cannabis, but that he wants any Texan with a medical need to be able to access what he considers to be medicine. "This is about freedom. It's about less regulation. It's about less government. It's about freedom between you and your doctor and getting government out of your life," Miller said. "So, I think it's a conservative issue."Nonewinph99 login 。

Actor Jamie Foxx is on the mend after being hit in the mouth with a glass at a Beverly Hills restaurant Friday night. According to TMZ , the Oscar winner was celebrating his birthday with his daughters, Corinne and Anelise, and his ex, Kristin Grannis, at Mr. Chow when the glass-throwing incident went down. “Jamie Foxx was at his birthday dinner when someone from another table threw a glass that hit him in the mouth. He had to get stitches and is recovering. The police were called and the matter is now in law enforcement’s hands,” a representative for the star told the outlet. The tabloid also reports that a witness to the altercation tells them the glassware was thrown after Foxx asked a rowdy table to cool their vulgarity as he was dining with his family. Apparently, they didn’t take kindly to his request, and the glass was hurled. Cops were called, but Foxx left before they arrived and didn’t receive medical attention on the scene. Fashion brand Mango’s billionaire founder, Isak Andic, has died in a hiking accident in Spain, the company said. The 71-year-old slipped and fell from a 150-foot-high cliff Saturday while hiking with family in Montserrat near Barcelona, local media reported. Mango chief executive Toni Ruiz said in a statement: “It is with deep regret that we announce the unexpected death of Isak Andic, our non-executive chairman and founder of Mango, in an accident that occurred this Saturday.” Ruiz hailed Andic as an “example for all of us.” “He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company,” he continued. Andic, who opened his first Mango store in Barcelona in 1984, was worth $4.5 billion at the time of his death, according to Forbes. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Consuming cannabis as an adult feels very different than doing so as a fresh-faced 21-year-old—so why should your smoking habits make your space feel like a disheveled college dorm room? NWTN Home’s collection of chic smoking essentials offers a more elevated way to enjoy cannabis in the comfort of your home. NWTN Home is a smokeware brand bringing craftsmanship to the cannabis industry by designing what they call “homeware for the high-minded.” Its weed-associated products are built to double as elegant and functional houseware items , helping you upgrade your home into a full smoking sanctuary. Plus, they make the perfect holiday gifts for your favorite creative cannabis connoisseur! This hand-poured, marbled ashtray rests atop a sleek melamine rolling tray and includes a helpful brass tool that can assist in your rolling process, making it the perfect blend of form and function. This standout stackable flower pot ashtray set is a surefire solution to keep your space clean—and your houseguests impressed. No cannabis collection is complete without something to smoke out of! These avant-garde gravity bongs are inspired by vintage housewares and designed to seamlessly blend into your barware and greenware set-ups. Sarah Michelle Gellar cleared the air after she seemed to snub a reporter who asked about her former co-star Jennifer Love Hewitt . While at the premiere of her new series Dexter: Original Sin on Dec. 11, Gellar was asked if she knew whether Hewitt would be returning for the upcoming I Know What You Did Last Summer reboot movie. “I have nothing to do with that,” the actress said quickly before stepping away . The moment went viral online and resurfaced old rumors of an on-set feud between the two women as stars of the original 1997 slasher movie. On Friday, however, Gellar explained why she seemed so cagey in her Instagram stories, chalking up her behavior to not wanting to violate non-disclosure agreements after she accidentally posted photos from the project’s set several weeks prior. “Aspiring actors please note: this deer in the headlights reaction is perfect for when you are excited to see so many old friends in one project but have already stupidly forgotten what NDA means once this month,” she wrote. Ultimately, Hewitt also confirmed her return to the reboot on Friday captioning a photo on Instagram. “It’s never too late to go back. Julie James is returning. I know what you will be doing next summer!” A post shared by Jennifer Love Hewitt (@jenniferlovehewitt) World-famous cellist Sheku Kanneh-Mason said he was forced to cancel a concert after Air Canada refused to give his 300-year-old, $3.2 million cello a seat he had booked for his flight. Kanneh-Mason is touring Canada with his sister, the pianist Isata Kanneh-Mason, and the two released a joint statement addressing the show, which was supposed to take place Wednesday in Toronto. “First we had delays, then a cancellation, and the day concluded by being denied boarding with the cello—despite having a confirmed seat for it—on a new, final flight into Toronto,” they explained in the statement . “We can only dream of a time when all airlines have a standardized, global and carefully considered approach to the carriage of precious instruments that are booked to travel in the cabin.” The airline addressed the incident in a statement to CBC. “In this case, the customers made a last-minute booking due to their original flight on another airline being cancelled,” a spokesperson said. “We are still reviewing what happened including why the cello was not successfully rebooked.” Kanneh-Mason rose to world renown after playing at Prince Harry and Meghan Markle ’s wedding. A post shared by Sheku (@shekukannehmason) Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. 2025 is quickly approaching, and there’s no better way to celebrate the new year than with 2024’s cocktail du jour—the espresso martini. It’s the perfect way to toast 2025 with sophistication, flavor, and an energy boost. Think you can’t make the buzzy beverage at home because you’re not a bartender? Think again. You can create this beloved cocktail effortlessly with just a cocktail shaker, fresh espresso, vodka, coffee beans, and Mr Black Cold Brew Coffee Liqueur . It all starts in the land Down Under—Australia. Mr Black sources its ingredients, including 100 percent specialty-grade Arabica coffee, from local farmers and cooperatives. The liqueur is then slowly brewed with purified cold water to preserve its delicate, complex flavors. The result? A bittersweet masterpiece with bold flavor, balanced sweetness, and a lasting coffee kick. Its rich, coffee-forward taste is a crowd-pleaser, and the sleek bottle design adds a touch of elegance to any bar cart. Making an espresso martini is simple. Combine Mr Black , vodka, and freshly brewed espresso in a shaker. Add ice and shake vigorously until cold. Then, strain the mixture into a martini glass and finish with three coffee beans as a garnish. Skip the champagne toast this year and ensure you stay awake for the countdown to 2025 with a Mr Black espresso martini. A Canadian woman was caught attempting to smuggle over 22 pounds of methamphetamine disguised as Christmas gifts into New Zealand. The 29-year-old, who was flying from Vancouver to Auckland, was busted at the airport with what amounted to over $2 million worth of the illicit substance wrapped as if ready to be placed under a tree. “This is a classic attempt by transnational organized criminal groups at trying to exploit the busy travel season,” wrote the airport’s customs manager, Paul Williams, in a statement. “But a busy airport does not mean Customs is not focussed on or paying attention to anyone who may pose a drug risk.” On X, the country’s customs service wrote “Ho Ho NO” about the incident. The woman is in custody on charges of importing and possessing a Class A controlled substance, according to customs. “These criminal groups make the mistake of thinking Customs won’t chase smaller targets, but we know that drugs sent from North America are an increasing risk, and we are prepared,” Williams added. Ho ho NO. A Canadian national is facing drug charges after Customs officers at Auckland Airport discovered approximately 10.2 kilograms of methamphetamine in her carry-on luggage, disguised as Christmas gifts. Read more: https://t.co/Qk0Y7Z12P5 pic.twitter.com/agabaiLOyg Gideon Moncrieffe, a TikTok executive who was slashed on the New York City subway by a stranger in 2023, is now suing the MTA for “systemic negligence,” according to the New York Post . The outlet, which obtained court filings, reports that Moncrieffe is suing for an unspecified amount because of the “profound psychological trauma” he has dealt with since the random attack by a rider named Sean Lewis. The slashing, which occurred shortly after the death of Jordan Neely incident, came about when Moncrieffe stepped in during an argument Lewis was having with another rider. “I said, ‘Look, somebody was killed on the train two weeks ago, they were choked out because someone proceeded to be aggressive,’” Moncrieffe told Lewis before being sliced down his face. One hundred stitches were needed to sew up the 8-inch wound. Shortly before assaulting Moncrieffe, Lewis had been arrested for choking and threatening his girlfriend with a knife. In the suit, Moncrieffe called the incident “foreseeable” and urged the MTA to stay on top of its banned rider policy along with other safety measures. Lewis was sentenced to seven years in jail for slashing Moncrieffe. TV icon Oprah Winfrey left her longtime best friend Gayle King flabbergasted after surprising her with a huge 70th birthday bash. The big reveal was captured on camera and posted to Winfrey’s Instagram. King, her mouth agape, clutches her chest and freezes—completely astonished. The camera pans to show a room filled to the brim with King’s loved ones. “My bestie of 50 years is turning 70 so we gathered everyone that loved her to celebrate,” Winfrey captioned the post . “Hard thing to surprise her, O the stories we have made up, the lies we have told to keep this a secret. Happy birthday @gayleking, sorry we almost gave you a heart attack.” Winfrey and King, both successful media personalities, have been dear friends since they met as young journalists at Baltimore’s WJZ television station. When Winfrey celebrated her own 70th birthday a year earlier, she said , “No day is promised to any of us. So to reach this major milestone feels like grace in action.” A post shared by Oprah (@oprah) Paula Abdul has reached a settlement with American Idol producer Nigel Lythgoe following a year-long sexual assault legal battle. The terms of the settlement were not disclosed. “I am grateful that this chapter has successfully come to a close and is now something I can now put behind me...,” Abdul said in a statement. “I hope my experience can serve to inspire other women, facing similar struggles, to overcome their own challenges with dignity and respect, so that they too can turn the page and begin a new chapter of their lives.” Lythgoe continued to dispute Abdul’s accusations, claiming, “We live in a troubling time where a person is now automatically assumed to be guilty until proven innocent, a process that can take years,” in a statement. Abdul accused Lythgoe of groping her in an elevator nearly 20 years ago when she was a judge on American Idol. A decade later, when she was a judge on So You Think You Can Dance , she alleged Lythgoe invited her to his home and then attempted to forced himself on her. Lythgoe stepped down as a judge on So You Think You Can Dance in January after a second suit was filed accusing him of sexually assaulting two contestants on a different show. A third lawsuit was filed in March, accusing Lythgoe of sexually assaulting a woman at his home in 2018. Scouted selects products independently. If you purchase something from our posts, we may earn a small commission. Apparently, boosting prostate health can actually be pleasurable—at least, that’s what premium sexual wellness brand MysteryVibe says. The Molto, an ultra-slim and bendable prostate vibrator designed by a doctor, is engineered to be the same size and width as a doctor’s finger and to mimic similar motions to that performed during an exam, allowing for not only intense prostate (the prostate is often hailed as the male ‘G-spot’) and anal stimulation but also a release of prostatic fluids. According to the brand, some studies have found that excess prostatic fluid can lead to inflammation and pressure, so not only is this a sex toy , but it’s also possibly an investment in your prostate health. Think of it almost like a lymphatic massage for your prostate—except one that can give you intense orgasms, too. Made with body-safe silicone, the multifunctional and gender-fluid vibrator is powered by one “anatomically-placed” motor that delivers potent yet precise vibration to the anus and prostate without feeling bulky or inflexible. It’s a great sex toy for those new to anal play or who are looking for an ultra-sleek vibrator with possible health-boosting benefits. The prostate vibrator is equipped with 16 vibration settings and eight pre-set vibration patterns, allowing for superior control and customization. Plus, the device comes with access to a catalog of vibration patterns with the free MysteryVibe smartphone app. Best of all? Because the Molto vibrator is an FDA-registered class II medical device, it’s also FSA/HSA eligible. It’s been some 26 years since Jennifer Love Hewitt’s ‘final girl’ faced off with a vengeful killer fisherman in the I Know What You Did Last Summe r series. (That was in the film’s sequel, I Still Know What You Did Last Summer ; a third film is not considered canon by horror fans, while a related TV series aired in 2021.) But with filming on an official threequel—set for release, wait for it, next summer—currently underway, Hewitt confirmed Friday that she’ll be reprising her original role. “It’s never too late to go back,” Hewitt wrote in an Instagram caption confirming the casting news. Hewitt joins her former co-star Freddie Prinze Jr. in the forthcoming film, alongside a lineup of young Hollywood talent who will near inevitably end up as roadkill . Perhaps unsurprisingly, Prinze Jr.‘s wife Sarah Michelle Gellar —who also starred in the first IKWYDLS movie—had previously confirmed she won’t be returning, because her character died . Fair enough! That hasn’t stopped the Internet from wondering if she didn’t really want to see Love Hewitt back either, with commenters reading deeply into an apparently shady red carpet moment . A post shared by Jennifer Love Hewitt (@jenniferlovehewitt) BBC reported that Apple’s new AI notification system sent a message from the outlet that falsely claimed Luigi Mangione shot himself. The new technology aims to group together notifications; however, it falsely wrote that the suspect in UnitedHealthcare CEO Brian Thompson’s Manhattan slaying had shot himself. The BBC sent a message to Apple in regards to the notification, but the company declined to comment. A BBC spokesperson said, “It is essential to us that our audiences can trust any information or journalism published in our name and that includes notifications.” The notification included other news stories, which were described correctly. The message read: “Luigi Mangione shoots himself; Syrian mother hopes Assad pays the price; South Korea police raid Yoon Suk Yeol’s office.” The BBC also reported that it’s seemingly not the only news organization dealing with the misleading summarizations. A screenshot allegedly showed that a New York Times grouped notification read that Israeli Prime Minister Benjamin Netanyahu was arrested. The screenshot could not be independently verified by the BBC, and the New York Times declined to comment.

None

Calgary, Alberta–(Newsfile Corp. – December 16, 2024) – 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 our 2025 development capital budget and annual guidance, along with an operational update and Saturn’s outlook for the next three years. “Our development capital expenditures (2) budget of $300 to $320 million is targeting stable production averaging 38,000-40,000 boe/d (1) in 2025 (the “2025 Budget”), approximately 85% of which is oil and liquids, with ongoing margin improvements through cost optimization, capitalizing on synergies, and streamlining operational processes to deliver greater value per barrel,” said John Jeffrey, Chief Executive Officer of Saturn. “Our focus on increasing free funds flow supports a systematic reduction in leverage ratios over time, underpins opportunistic tuck-in acquisitions, and enables the Company to continue enhancing per share metrics. Over the next three years, we intend to build on the 2025 Budget and drive free funds flow generation with net debt reduction, reflecting Saturn’s commitment to sustainable value creation.” 2025 BUDGET HIGHLIGHTS Over 70% of our 2025 Budget is expected to be deployed during the second half of the year (37% in Q3 and 34% in Q4), with 24% weighted to Q1 and the balance in Q2, reflecting the seasonal impacts of spring break-up. Given this cadence, production volumes are anticipated to be highest in Q1 and Q4, while free funds flow is anticipated to be highest in Q2 given the low capital spending in that period. Through 2025, Saturn intends to direct free funds flow to net debt reduction, maximizing share buybacks under the current normal course issuer bid, and pursuing core-up acquisitions, all of which are intended to improve per share metrics and underpin long-term sustainability. Our 2025 corporate guidance estimates may fluctuate with commodity prices and / or regulatory changes and are designed to provide readers with information relevant to Management’s expectations for financial and operating results during the year. Saturn is also pleased to confirm an accompanying 2025 Guidance Presentation is available for viewing or download from our website . Our returns-focused 2025 Budget is designed to enhance margins and maximize adjusted funds flow (“AFF”) and free funds flow. In addition, approximately $15 million is expected to be allocated to capitalized administrative costs, approximately $14 million to asset retirement obligations and $15 million related to lease payments associated with a gas processing contract in 2025. Cash taxes in 2025 are anticipated at approximately $8 million. Sensitivities Saturn’s forecasted funds flow is most sensitive to changes in crude oil prices. Saturn estimates that each additional US$5/bbl increase in the US$ WTI oil price would provide an incremental approximately $35 million in AFF (2) . Annualized sensitivity analysis on AFF (2) , estimated for 2025: 2025 CAPITAL PROGRAM DETAILS A summary of Saturn’s 2025 capital plans by area follows, which remains subject to change through the year should operating conditions fluctuate. Southeast Saskatchewan West Saskatchewan Central Alberta OPERATIONS UPDATE Saturn has continued to enhance production efficiency and well performance across our core areas, resulting in positive operational performance since the update provided in our Q3/24 press release . Southeast Saskatchewan We currently have three drilling rigs active in this area which will continue into 2025, two of which are drilling Bakken wells at Viewfield. Since 2023, Saturn has extended the lengths of our Viewfield OHML Bakken wells. Initially drilled at 1-mile laterals, these wells were increased to 1.5-miles, and in 2024 the Company drilled two, 2-mile open hole eight-leg Bakken wells. Consistent with our Saturn Blueprint described below, we successfully expanded the use of multilateral technology to the Company’s legacy Spearfish land base, where we drilled Canada’s first six-leg by 1-mile multilateral Spearfish well. Saturn’s third rig has been steadily drilling in Flat Lake and is now on the seventh and final 2-mile well to conclude the 2024 program. We also successfully drilled the first ever mono-bore Torquay well at Flat Lake, saving capital costs while materially increasing capital efficiencies. The Company continues to advance our waterflood at Flat Lake with the conversion of ten legacy Torquay producer wells to waterflood injection wells, adding pressure support to the formation and building up five pre-pressurized Bakken inventory locations we plan to drill in 2026. West Saskatchewan The Company has finalized our 2024 drilling program in this area. Saturn drilled 15 net operated Viking wells that are on production (plus seven additional non-operated drills); one disposal well; and our first four net Lower Shaunavon wells at Battrum/Butte, which are currently being completed. In addition, the Company commissioned a stripping station facility in the Battrum Units, which increases fluid processing capacity, optimizing pumping conditions and enhancing production from numerous wells in the Battrum field. Our drilling success in the Viking Plato field through the latter half of 2024 drove the Company to construct a new battery and gathering system for the area, which are expected to reduce current and future field operating expenses as well as lower emissions. Central Alberta Saturn recently concluded drilling the final well of a four-well pad at Lochend, which includes the longest Cardium well drilled on record in Canada, at 7,570m of total well length. Not only is this accomplishment a testament to our team’s technical capabilities, it also demonstrates Saturn’s culture of innovation and commitment to improving economics. While longer lateral lengths are technically more challenging, drilling extended reach horizontals meaningfully improves capital efficiencies in the Cardium, and can be utilized across other plays and assets within our portfolio. The pad at Lochend is expected to undergo completions through the end of 2024 and into early 2025, with initial production anticipated to come online in mid-Q1/25. The drilling rig from Lochend was relocated up to West Pembina to drill one final well that concludes our Central Alberta 2024 program, culminating in a total of 16 net wells being drilled in 2024, including 12 in the Cardium and four in the Montney oil window. THREE-YEAR OUTLOOK Aligned with our 2025 Budget, Saturn is pleased to present a three-year outlook spanning 2025 to 2027 (the “Outlook”). This Outlook highlights our commitment to long-term resilience, financial strength, and focus on deploying our Saturn Blueprint to maximize free funds flow while continuing to mitigate risks and enhance financial flexibility. To protect our balance sheet and reduce exposure to market volatility, Saturn actively hedges and has 55-60% of oil and liquids volumes (net of royalties) contracted on a rolling forward 12-month basis. Additionally, we have locked in USD/CAD exchange rates at 1.33935 to secure predictable principal and interest payments on our Senior Unsecured Notes issued in June 2024 (the “Senior Notes”) for the next three years, safeguarding the Company from currency fluctuations. Strategic pillars of our Outlook include the following, assuming a constant US$70.00/bbl WTI price: Deploying the Saturn Blueprint Our disciplined Saturn Blueprint represents a repeatable strategy of acquiring undervalued mid-life cycle assets that were non-core to other operators, yet have significant untapped development and optimization potential when integrated within our portfolio. Since 2021, Saturn has completed four transformative acquisitions funded through a prudent mix of equity and debt. Today we have a robust, oil-weighted asset base comprised of low-risk, high-return, mid-life cycle properties featuring a long runway of capital-efficient production enhancement projects. By applying the Company’s operational expertise and leveraging our extensive infrastructure, we are able to drive down costs, improve capital efficiencies and add incremental reserves, followed by a steady reduction in leverage metrics. We see significant potential to continue unlocking value, increasing free funds flow and driving growth by consistently executing the Saturn Blueprint. Our southeast Saskatchewan area provides a clear demonstration of the Blueprint in action. Since integrating the assets, Saturn’s utilization of OHML technology in the Bakken has significantly expanded our drilling inventory, increased reserves, and added a material quantum of net present value to the assets that was not reflected in the purchase price. Further, this provided proof-of-concept to replicate our OHML development strategy in other areas across our portfolio, including the Spearfish, where we anticipate realizing similar value creation. Saturn’s Blueprint also prioritizes financial flexibility by targeting to be under 1.0 times net debt to Adjusted EBITDA (2) in the 12 to 18 months following each transaction. All of the Company’s outstanding debt, comprised of US$650 million Senior Notes, has been termed out for five years to mid-2029. As such, the Senior Notes eliminate any near-term maturity concerns, have no restrictive financial maintenance covenants and have successfully lowered our borrowing costs by approximately 40%. Through an annual 10% prepayment schedule (2.5% quarterly) of the Senior Notes, Saturn systematically reduces debt, and has further liquidity available with $113 million in cash (as of Q3 2024) and a fully undrawn $150 million credit facility. NOTES (1) See reader advisory: Supplemental Information Regarding Product Types. (2) See reader advisory: Non-GAAP and Other Financial Measures. (3) 2025 Pricing assumptions: WTI crude oil of US$70.00 /bbl; US$13.00/bbl WCS differential; US$3.50/bbl MSW differential; CAD/USD exchange rate of 0.72x; AECO price of C$2.50/GJ. (4) Based on 193 million weighted average basic common shares outstanding. (5) Based on midpoint production of 39,000 boe/d. ABOUT SATURN Saturn is a returns-driven Canadian energy company focused on the efficient and innovative development of high-quality, light oil weighted assets, supported by an acquisition strategy targeting accretive and complementary opportunities. The Company’s portfolio of free-cash flowing, low-decline operated assets in Saskatchewan and Alberta provide a deep inventory of long-term economic drilling opportunities across multiple zones. With an unwavering commitment to building an entrepreneurial and ESG-focused culture, Saturn’s goal is to increase per share reserves, production and cash flow at an attractive return on invested capital. The Company’s shares are listed for trading on the TSX under ticker ‘SOIL’, on the OTCQX under the ticker ‘OILSF’ and the Frankfurt Stock Exchange under symbol ‘SMKA’. Further information and our corporate presentation are available on Saturn’s website at www.saturnoil.com . READER ADVISORIES Non-GAAP and Other Financial Measures Throughout this news release and in other materials disclosed by the Company, Saturn employs certain measures to analyze financial performance, financial position and cash flow. These non-GAAP and other financial measures do not have any standardized meaning prescribed by IFRS and therefore may not be comparable to similar measures provided by other entities. The non-GAAP and other financial measures should not be considered to be more meaningful than GAAP measures which are determined in accordance with IFRS, such as net income (loss), cash flow from operating activities, and cash flow used in investing activities, as indicators of Saturn’s performance. The disclosure under the section “Non-GAAP and Other Financial Measures” including non-GAAP financial measures and ratios, capital management measures and supplementary financial measures in the Company’s condensed consolidated interim Financial Statements and MD&A are incorporated by reference into this news release. This news release may use the terms “Adjusted EBITDA”, “Adjusted Funds Flow”, “Net Debt”, “Free Funds Flow”, “Net Debt to Annualized Adjusted EBITDA” and “Net Debt to Annualized Quarterly Normalized AFF” which are capital management financial measures. See the disclosure under “Capital Management” in our Condensed consolidated interim Financial Statements and MD&A for the nine months ended September 30, 2024, for an explanation and composition of these measures and how these measures provide useful information to an investor, and the additional purposes, if any, for which management uses these measures. Capital Expenditures Saturn uses development capital expenditures to monitor its capital investments relative to those budgeted by the Company on an annual basis. Saturn’s capital budget excludes acquisition and disposition activities as well as the accounting impact of any accrual changes or payments under certain lease arrangements. Development capital expenditures in this press release are calculated as expenditures on exploration and evaluation assets, property plant and equipment and excludes the impact of capitalized administrative costs. Adjusted EBITDA The Company considers Adjusted EBITDA to be a key capital management measure as it was used within certain financial covenants prescribed under the Company’s previous Senior Term Loan and demonstrates Saturn’s standalone profitability, operating and financial performance in terms of cash flow generation, adjusting for interest related to its capital structure. Adjusted EBITDA is defined by the Company as earnings before interest, taxes, depreciation, amortization and other non-cash or extraordinary items. Adjusted EBITDA is presented both before and after derivatives to identify the impact of WTI commodity contracts hedges in place. Adjusted Funds Flow The Company considers adjusted funds flow to be a key capital management measure as it demonstrates Saturn’s ability to generate the necessary funds to manage production levels and fund future growth through capital investment. Adjusted funds flow is calculated as cash flow from operating activities before changes in non-cash working capital, decommissioning expenditures and transaction costs. Management believes that this measure provides an insightful assessment of Saturn’s operations on a continuing basis by eliminating certain non-cash charges, actual settlements of decommissioning obligations, of which the nature and timing of expenditures may vary based on the stage of the Company’s assets and operating areas, and transaction costs which vary based on the Company’s acquisition and disposition activity. Free Funds Flow The Company considers free funds flow to be a key capital management measure as it is used to determine the efficiency and liquidity of Saturn’s business, measuring its funds available after capital investment available for debt repayment, pursue acquisitions and gauge optionality to pay dividends and/or return capital to shareholders through share repurchases. Free funds flow is calculated as Adjusted funds flow in the period less expenditures on property, plant and equipment and exploration and evaluation assets, together “capital expenditures”. By removing the impact of current period capital expenditures from adjusted funds flow, management monitors its free funds flow to inform its capital allocation decisions. Net Debt Net debt is a key capital management measure as it is used to assess the ongoing liquidity of the Company. Net Debt is calculated as the carrying value of the Senior Notes, less adjusted working capital including cash. The Company closely monitors its capital structure with a goal of maintaining a strong balance sheet to fund the future growth of the Company. Net Debt to Adjusted EBITDA Management considers Net Debt to Adjusted EBITDA an important measure as it is a key metric to identify the Company’s ability to fund financing expenses, net debt reductions and other obligations. When this measure is presented quarterly, Adjusted EBITDA is annualized by multiplying by four. When this measure is presented on a trailing twelve-month basis, Adjusted EBITDA for the twelve months preceding the net debt date is used in the calculation. Net Debt to Adjusted EBITDA is calculated as Net Debt divided by annualized Adjusted EBITDA. Net Operating Expenses Net operating expense is calculated by deducting processing income primarily generated by processing third party production at processing facilities where the Company has an ownership interest, from operating expenses presented on the statement of income (loss). Where the Company has excess capacity at one of its facilities, it may process third-party volumes to reduce the cost of ownership in the facility. The Company’s primary business activities are not that of a midstream entity whose activities are focused on earning processing and other infrastructure-based revenues, and as such third-party processing revenue is netted against operating expenses in the MD&A. This metric is used by management to evaluate the Company’s net operating expenses on a unit of production basis. Net operating expense per boe is a non-GAAP financial ratio and is calculated as net operating expense divided by total barrels of oil equivalent produced over a specific period of time. Operating Netback and Operating Netback, Net of Derivatives The Company’s operating netback is determined by deducting royalties, net operating expenses and transportation expenses from petroleum and natural gas sales. The Company’s operating netback, net of derivatives is calculated by adding or deducting realized financial derivative commodity contract gains or losses from the operating netback. The Company’s operating netback and operating netback, net of derivatives are used in operational and capital allocation decisions. Presenting operating netback and operating netback, net of derivatives on a per boe basis is a non-GAAP financial ratio and allows management to better analyze performance against prior periods on a per unit of production basis. Supplemental Information Regarding Product Types References to gas or natural gas and NGLs in this press release refer to conventional natural gas and natural gas liquids product types, respectively, as defined in National Instrument 51-101, Standards of Disclosure for Oil and Gas Activities , except where specifically noted otherwise. 2025 average production, and the three year Outlook forecast average production at the midpoint of the guidance range, is anticipated to be comprised of approximately 85% crude oil and NGLs and 15% natural gas. Boe Presentation Boe means barrel of oil equivalent. All boe conversions in this news release are derived by converting gas to oil at the ratio of six thousand cubic feet (“Mcf”) of natural gas to one barrel (“Bbl”) of oil. Boe may be misleading, particularly if used in isolation. A Boe conversion rate of 1 Bbl : 6 Mcf is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given that the value ratio of oil compared to natural gas based on currently prevailing prices is significantly different than the energy equivalency ratio of 1 Bbl: 6 Mcf, utilizing a conversion ratio of 1 Bbl : 6 Mcf may be misleading as an indication of value. Forward-Looking Information and Statements. Certain information included in this press release constitutes forward-looking information under applicable securities legislation. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “scheduled”, “will” or similar words suggesting future outcomes or statements regarding an outlook. Forward-looking information in this press release may include, but is not limited to: guidance relating to fiscal year 2025 including the amount of capital expenditures, the timing of capital expenditures, the Company’s expected 2025 average production, quarterly fluctuations in production, the Company’s average decline rate, anticipated 2025 financial metrics including Adjusted EBITDA, AFF, Free Funds Flow and year end Net Debt; the Company’s anticipated use of available funds; the expected number of wells to be drilled at certain of the Company’s locations in 2025; the allocation of the Company’s expected 2025 capital expenditure budget to certain areas; expectations regarding the Company’s waterflood plan and the timing for drilling Bakken inventory locations; reductions in operating costs and emissions resulting from the Viking Plato battery; the successful deployment of extended reach horizontal drilling in certain of the Company’s locations; the Company’s three year Outlook, including average annual production, reinvestment and capital allocation plans; free funds flow and forecast per share metric growth and net debt; the successful replication of OHML drilling in other of the Company’s areas; the Company’s drilling and development plans; target production and debt levels; margin improvements through cost optimization; capitalizing on synergies and streamlining operational processes; type-curve performance; expectations regarding netbacks, capital allocations, hedging strategy, capital return strategy and plans; the business plan; acquisition strategy; commodity and foreign exchange pricing; value creation strategy and cost model of the Company. The forward-looking statements contained in this press release are based on certain key expectations and assumptions made by Saturn, including expectations and assumptions concerning: the timing of and success of future drilling, the ability to successfully replicate certain strategies across the Company’s other areas; development and completion activities, the performance of existing wells, the performance of new wells, the availability and performance of facilities and pipelines, the ability to allocate capital to pay down debt and grow or maintain production, the impact of our hedging strategy, the geological characteristics of Saturn’s properties, the application of regulatory and licensing requirements, the availability of capital, labour and services, the creditworthiness of industry partners and the ability to integrate acquisitions. Although Saturn believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because Saturn can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual plans and results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, risks associated with the oil and gas industry in general (e.g., operational risks in development, exploration and production; the uncertainty of reserve estimates; the uncertainty of estimates and projections relating to production, costs and expenses, and health, safety and environmental risks), constraints in the availability of services, commodity price and exchange rate fluctuations, actions of OPEC and OPEC+ members, changes in legislation impacting the oil and gas industry, adverse weather or break-up conditions and uncertainties resulting from potential delays or changes in plans with respect to exploration or development projects or capital expenditures. These and other risks are set out in more detail in Saturn’s interim Management Discussion and Analysis for the three and nine months ended September 30, 2024 and Annual Information Form for the year ended December 31, 2023, available on SEDAR+ at sedarplus.ca . Forward-looking information is based on a number of factors and assumptions which have been used to develop such information, but which may prove to be incorrect. Although Saturn believes that the expectations reflected in its forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because Saturn can give no assurance that such expectations will prove to be correct. In addition to other factors and assumptions which may be identified in this press release, assumptions have been made regarding and are implicit in, among other things, our capital expenditure and drilling programs, drilling inventory and booked locations, production and revenue guidance, debt repayment plans and future production and growth plans. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which have been used. The forward-looking information contained in this press release is made as of the date hereof and Saturn undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this press release is expressly qualified by this cautionary statement. This news release contains future-oriented financial information and financial outlook information (collectively, “FOFI”) about Saturn’s prospective results of operations including, without limitation, the Corporation’s capital expenditures, production, asset retirement obligations, lease payments and administrative costs, all of which are subject to the same assumptions, risk factors, limitations, and qualifications as set forth above. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on FOFI. Saturn’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these FOFI, or if any of them do so, what benefits Saturn will derive therefrom. Saturn has included the FOFI in order to provide readers with a more complete perspective on Saturn’s future operations and such information may not be appropriate for other purposes. Saturn disclaims any intention or obligation to update or revise any FOFI statements, whether as a result of new information, future events or otherwise, except as required by law. All dollar figures included herein are presented in Canadian dollars, unless otherwise noted. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234071 #distroNoneKhloé Kardashian is taking a page from Bianca Censori 's lookbook. The reality star is joining one of the latest fashion trends , posing in an all-black ensemble, which consisted of a black leotard paired with lace tights and matching black pointed-toe heels. Is Kim Kardashian copying Bianca Censori? Her latest revealing look in LA Kim Kardashian and Kanye West argued about Bianca Censori's revealing outfits: Report Khloé Kardashian shows off her figure in lingerie set and talks about her weight loss journey after divorce The 40-year-old businesswoman looked stunning in her latest photoshoot, showing her favorite photos to her fans and followers on social media. She styled her brunette hair straight and rocked a glamorous makeup look, including a matte pink lip and a cat eye. "I think you look most gorgeous with that brown color hair," one person wrote, praising her for her latest hair transformation from platinum blonde to brown. "The hair is giving! Don’t go back to blonde for a little while please," another online user commented, adding, "No doubt about it, you definitely bring out all the beauty." Bianca has been known for her revealing looks ever since she stepped into the spotlight following her romantic relationship with husband Kanye West . The Australian architect has made skin-tight leotards part of her signature looks, paired with sheer or lace tights. Most recently, Bianca was photographed browsing home decor for her lavish mansion in Beverly Hills. She stepped out wearing an all-white look, including a figure-hugging sleeveless minidress featuring a high neck paired with lace tights and matching white pointed-toe heels. Another famous Kardashian who is seemingly taking inspiration from Bianca is none other than Kanye's ex, Kim Kardashian . The actress and businesswoman recently shared photos of her latest look, wearing a white side-tie thong, mid-calf brown boots, and a white-and-black balaclava on her head. She also wore a white bodysuit with sheer white tights, very similar to Bianca's previous looks. Bianca has popularized certain elements of her ensembles, including headpieces and bikinis that are part of her everyday outfits. "Bianca has multiplied," one person wrote when Kim shared the photos, while someone else commented, "Kimca Censori," adding, "Giving, Kanye."

Miningnewsbreaks Torr Metals Inc. (TSX.V: TMET) Leveraging Innovation To Advance High-Potential TargetsNoneWicked star Ariana Grande has said she and Cynthia Erivo were “insufferable” and “horrible” in the build-up to the film’s release. Grande, 31, also said her co-star was a “brilliant gift of a human being” while being interviewed by Gladiator star Paul Mescal for US news outlet Variety. Mescal told the singer and actor: “I’m watching you guys in the press tour. You’re obviously in love with each other.” To which she replied: “Insufferable. Yes. We’re horrible. It’s bad.” The 7 Rings singer plays Glinda, while her 37-year-old co-star plays Elphaba, in the film which is an adaption of the musical stage show of the same name and is set in The Land Of Oz before the events of The Wizard Of Oz. Their interviews for the film, which have seen the two being emotional towards one another and holding hands, have gone viral on social media. Speaking about Erivo, Grande said: “Cynthia is just an absolute brilliant gift of a human being. I think we tried to keep the pressure out of the room, obviously, as much as possible.” She also said she had not had any read throughs with her co-star before joining the cast. Grande said: “We never chemistry read together, it was three rounds for me, and I read with two different actresses. “I stayed for three and a half hours the final day, and I had cried so much. “We did Popular, Defying Gravity, (and) For Good (songs from the film), and I left my lashes on the mirror, because I left everything else in the room.” The film follows Elphaba, who is misunderstood because of her green skin, as she forges an unlikely friendship with Glinda, a student with a desire for popularity. Bullying of the green-skinned witch saw the movie, which also stars Peter Dinklage, Jeff Goldblum and Jonathan Bailey, given a PG rating by the British Board Of Film Classification (BBFC) for “discrimination”.

Liverpool boss Arne Slot talks up ‘special player’ Mohamed Salah