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Palliser Oil & Gas Corp. PSLRF

"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

Comment by Sir_Holleron Aug 23, 2013 1:02pm
373 Views
Post# 21693150

RE:Second half drilling?

RE:Second half drilling?
Bottom line: Based upon forcasts PXL should exceed guidance.

With approximately 40% of budgeted capital expenditures remaining to be spent, the Company is on track to achieve its 2013 production guidance of 2,700 - 2,800 boe/d.

With pricing in the second half of the year forecast to be higher than budgeted, the Company will be well positioned with flexibility to deploy any excess funds flow to the most prudent use of funds.
Read more at https://www.stockhouse.com/news/press-releases/2013/08/21/palliser-oil-gas-corporation-reports-second-quarter-2013-results-record-funds#f3I7tIDYwXpWTcJd.99
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