SMI Saturn Oil And Gas

Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the
"Company") is pleased to announce that it and Vector Exploration Corp.
("Vector") have mutually agreed to amend an existing Farm-In Agreement for oil &
gas permits EP-71 and EP-72 (the "Little Swan" and "Bannock Creek" properties)
located in the Williston Basin in eastern Saskatchewan. Under terms of a new
Joint-Venture Agreement, both Saturn and Vector will each retain a 50% working
interest in both projects.


Additionally, both Saturn and Vector have agreed on an Area of Mutual Interest
surrounding the Little Swan and Bannock Creek projects within which both
companies will retain a right of first refusal to participate at their Working
Interest on any operations, including Land Purchase, geological and geophysical
programs, drilling and completions.


The Little Swan and Bannock Creek projects are two of the largest oil & gas
permits in the province of Saskatchewan, consisting of over 376,800 acres (over
16 Townships). Both permits are located in the Williston Sedimentary Basin and
grant Saturn and Vector the exclusive right to any oil & gas discovered in any
formation from surface to basement.


Reservoirs on permit lands include the entire geological section form Devonian
to Cambrian which create "multi-stacked targets" which include the Duperow,
Souris River, Winnipegosis, Interlake, Red River (Yeoman Formation), Winnipeg
Group (Black Island Formation) and Deadwood. All of these reservoirs are known
to host and produce economical deposits of oil & gas within this region of the
sedimentary basin.


To date, Saturn and Vector have completed three seismic programs on the Little
Swan and Bannock Creek properties which have resulted in the discovery of
several basement structures affecting the entire stratigraphic column and are
extremely encouraging for the formation of oil & gas traps. The seismic data
acquired, combined with previous geophysical and well-bore data acquired by
Saturn since 2011, have formed the basis of Saturn and Vector's exploration
model. This model has identified significant similarities in structure and
reservoir potential between the Little Swan and Bannock Creek properties and the
Red River "Tyvan" oil pool to the south. Template seismic lines over the "Tyvan"
oil pool depict stratigraphic and structural traps in the Yeoman and Deadwood
formations over basement highs, a scenario highly analogous to the seismic data
acquired on the Little Swan and Bannock Creek where the same reservoirs are
present. The "Tyvan" oil pool has to date produced over 15 million barrels (31
API) with average well production at 150 BOPD.


The companies have also recently completed a fourth seismic program on the
Little Swan and Bannock Creek properties, results of which are presently being
interpreted and will be reported when completed. 


Saturn and Vector are currently planning the next stage of exploration, which
will include the drilling of vertical exploration wells into multi-stack
targets.


The Joint-Venture Agreement is subject to the approval of the TSX Venture
Exchange the board of directors of Saturn and Vector.


Craig Boland, P. Geo. is the Companies' Qualified Person under NI 51-101
standards who has reviewed and approved the technical content of this release.


About Saturn Minerals Inc.

Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) is a junior Canadian
energy company advancing a portfolio of oil and coal properties in Saskatchewan
and Manitoba. The Company has interests in over 370,000 acres of oil & gas
rights in Saskatchewan and is advancing a number of oil exploration projects.
Saturn has also made three shallow bituminous coal discoveries since 2009 with
coal seams ranging in continuous vertical thickness from 9 to 89 meters. Saturn
has a strategic ownership in Inowending Exploration & Development Corp., a First
Nations owned exploration and development company co-founded by Saturn with a
consortium of Saskatchewan First Nations active in Canada's prairie provinces.


On Behalf of the Board of Directors

SATURN MINERALS INC. 

Stan Szary, Chief Executive Officer

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


FOR FURTHER INFORMATION PLEASE CONTACT: 
Saturn Minerals Inc.
+1 (604) 685-6989
www.saturnminerals.com

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