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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 by User

Palliser Oil & Gas Corp. > six analysts
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Comment by Sir_Holleron Mar 15, 2012 9:54pm
328 Views
Post# 19678296

RE: six analysts

RE: six analysts

The problem is Western Canada Select Crude Oil is selling for $30 below WTI and if Iran is resolved and the $20 war premium is taken out of WTI the price PXL gets for its oil may not be very encouraging. Due to the boom in Bakken production, and rising oil sands production North America may be awash in oil for some time resulting in continud steep discounts.

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