Palliser Oil & Gas Corp. PSLRF

RE: RE: Has to be more than 1 dollar, cash only

[Sir_Holler]

the sour sentiment towards O&G reflected in stocks.
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32279165&l=0&r=0&s=PXL&t=LIST#28VrqBtlkYAib2Ek.99

 

 

Western Canada Select was $23 below WTI today. It looks like the poor sentiment was greatly misplaced for the first quarter and there will be substantial outperformance of expectations. PXL should beat analyst, market and PXL's budget expectations by a wide margin. With 1,000 barrels of oil per day being shipped by rail by the end of this month, and smaller good differentials in the second half of the year, and the hedge it looks like PXL will make it through the first half of the year with flying colours. With the financials to be released in the next few weeks, and the reserves update which is suppose to be substantial this year, analysts may soon update their models. If PXL can further upgrade its budget and guidance given how wrong its been, even if it is to go halfway to a full budget, that could further help.