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Bullboard - Stock Discussion Forum Palliser Oil & Gas Corp. PSLRF

Energy Oil & Gas E&P
"Palliser Oil & Gas Corp is engaged in the exploration, development and production of petroleum including high netback heavy oil in the greater Lloydminster area of Alberta and Saskatchewan."

GREY:PSLRF - Post Discussion

Palliser Oil & Gas Corp. > March WCS at $26.75/bbl under WTI
View:
Post by Sir_Holler on Feb 06, 2013 2:36pm

March WCS at $26.75/bbl under WTI

Canada crude-WCS discount shrinks to smallest since November>

Comment by RIG500 on Feb 06, 2013 3:50pm
I am glad PXL went with a conservative budget, underpromise and over deliver! The market loves it when a company ups its guidance, this is what I suspect will happen in the second half of the year.
Comment by Sir_Holler on Feb 06, 2013 6:22pm
Amazing reversal. On December 14, 2012 WTI was ~$87, and today it is ~$97. On December 14, 2012 Western Canada Select was $42.50 below WTI. Today it is at a $26.50 discount. That's about $26 more to PXL, per barrel, given the WTI price increase and the smaller differential, and PXL is also about to ship 1,000 barrels, per day, by rail. Despite all of this December 14, 2012& ...more  
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