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Bullboard - Stock Discussion Forum 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 Discussion

Palliser Oil & Gas Corp. > yeah its a bit of a no brainer
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Post by rakethis1 on Feb 22, 2012 10:55am

yeah its a bit of a no brainer

to hold this one for a while. It has management with a good pedigree that grew a previous company pretty quickly and sold for a nice premium, it has virtually no exploration risk, it is already growing at a nice clip and it has a relatively new technology/approach to producing existing heavy oil projects. The HVL technology will probably turn out to be as much of a game changer for heavy oil as horizontal fracking has been for resource plays.

We just turned boring old 50 barrel a day heavy oil wells into  200 barrel a day growth projects that should create a corresponding growth premium in the company's shares.

It is bizarre though I agree, trade millions of shares on a low volume trader and there were virtually no posts.

maybe communication will get a little better now that option prices have been fixed.

Comment by hawkowl1 on Feb 23, 2012 7:22am
This will be over $2 in 2 years. Its all about this  HVL technology in which PXL have worked very hard to improve and obtain consistent results.   Industry experts have been awed by the consistency of this process.. HVL is completely counter intuative to most technical people in the patch. Others have tried and failed.Some have seen great results but dont understand why or what to do ...more  
Comment by Sir_Holler on Feb 23, 2012 8:18am
On May 18, 2011 it was announced that WEE Director and engineer Jeff Saponja had joined the Board of Directors of Palliser Oil and Gas Corporation. Palliser has a focus on heavy oil in Lloydminster. Lloydminster is the area where the first Powerwave trials were run in the late 1990's with a reported increase in oil production in a flood situation of 34%. Anyone know if PXL plans to ...more  
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