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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. > May 28, 2014 Presentation
View:
Post by roscoe74 on Jul 22, 2014 1:46pm

May 28, 2014 Presentation

Comment by roscoe74 on Jul 22, 2014 2:00pm
Won't copy. Credit Facility:  51.9 mil. Net Debt:  49.5. Tax Pools:  100 mil. Q114 Production:  1874. Undev Land:  44,405 acres. Proved Reserves:  5491 mboe = $86.9 mil. P+P:  9410 mboe = $153.3 mil EV:  $.15/sh:  $59 mil EV/boed:        $31,600 EV/boe.          proved:  $11.58.     p+p.  ...more  
Comment by roscoe74 on Jul 22, 2014 2:07pm
So, with the conventional metric of microcaps being worth roughly 50% of NAV plus debt, in this environment of higher prices and more deals, PXL should either find funding or a business arrangement that will allow assets to be developed. If they have managed to deal with the water cuts. If not, its a long slog ahead.
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