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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. > Question for Roscoe...
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Post by uwinsomeon Jul 30, 2014 1:13pm
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Post# 22794917

Question for Roscoe...

Question for Roscoe...PXL is mainly heavy oil. Cardinal produces mainly medium grade oil and the assets they are buying in Wainwright are also medium oil. How does the difference in price per barrel effect your calculations?

Another question: why would a buyout of PXL fetch up to $1.61 when the SP is currently under $.13? Wouldn't most shareholders agree to Buyout of let's say double $.25??
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