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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. > Nothing has changed - read the press release
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Post by 8675309Jenny on Oct 15, 2014 1:58pm

Nothing has changed - read the press release

Palliser expects production to increase significantly over the fourth quarter as the new drills and reactivations are optimized and the previously sold production is consolidated in the pro forma company. Fourth quarter pro forma production guidance of 1,550 to 1,650 boe/d is maintained. The company forecasts net debt as at Sept. 30, 2014, in the amount of approximately $47.7-million, which is consistent with the July 30, 2014, forecast .......... Production guidance is MAINTAINED ... NOT CHANGED, NOT LOWERED.
Comment by 8675309Jenny on Oct 15, 2014 2:09pm
can anyone here read??? quote "the previously sold production is consolidated" ....... so who was the production sold to????? MAHA is who. This press release is from Paliser, and of course the reported lower production, because it was sold to MAHA. It says it right there in the press release. Once its consolidated ..... its much higher! This was a press release from Paliser that reflects ...more  
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