Saturn Spuds First Oil Well At Bannock Creek, Saskatchewan

Posted on Jun 27, 2015 in News Release

May 13, 2015 – BHS2015-18

Bayhorse Silver Inc. BHS: TSX-V (the “Company” or “Bayhorse“) advises that Saturn Minerals Inc. (“Saturn”) reports that it has “spudded in” its first oil well on its approximately 250 square mile Bannock Creek light crude oil prospect in Saskatchewan’s Williston Basin.

Bayhorse president & CEO, Graeme O’Neill, comments that “with WTI crude oil currently trading at US$61 barrel and projected costs of approximately C$25 barrel, a successful conventional oil well should also positively affect the prospects for the nearby approximately 400 square mile Little Swan oil prospect that Bayhorse is farming in on from Saturn.