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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. > EXIT Production Near 2000 Barrels of oil a day - math
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Post by 8675309Jenny on Oct 15, 2014 2:02pm

EXIT Production Near 2000 Barrels of oil a day - math

Now do the math. If you start the 4th quarter around 1200 barrels a day (and we are and it is October 15, 15 days into the quarter) .... and they ISSUED A RELEASE ----- Monday ---- and say 4th quarter production will AVERAGE 1550-1650 .... the only way that can happen is if you EXIT the year at 2000 barrels a day or more. Its just math, nothing has changed, the only thing to happen is a few babbies that needed money sold 500,000 shares. big deal
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