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."

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Palliser Oil & Gas Corp. > Has to be more than 1 dollar, cash only

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Post by peruchocanuck on Mar 04, 2013 4:57pm

Has to be more than 1 dollar, cash only

For those who get excited talking about take overs, somebody is playing games with the sp, double or nothing doesnt mean the same if the sp is under 50 cents....be careful what you wish for....

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Comment by RIG500 on Mar 06, 2013 7:44am

no games, the only thing you're seeing is the sour sentiment towards O&G reflected in stocks. Prices will be going lower into the summer imo. XL approval might change that sentiment, and 2014 will be a much better year providing oil prices don't crash...

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Comment by Sir_Holler on Mar 06, 2013 10:49pm

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 ...more

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Comment by Sir_Holler on Mar 07, 2013 8:59am

I think the surprise will be updated guidance with Q4 results in combination with a strong reserves report. 1000 barrels, per day, by rail by the end of March. In the past PXL said rail adds $5, per barrel. 1,200 barrels hedged at $103.4 for the second quarter. Q2 looks very strong given current prices and differentials.

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Palliser Oil & Gas Corp.