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To: Flipper12 who wrote (12516)

4/30/2013 2:32:43 PM

From: Flipper12

Read Replies (1) | Respond to of 49402

Palliser Oil and Gas PXL:TSXV

Kaboom

Positive mention on BNN

Last Change Bid (size) Ask (size) Volume Day Range

$0.520

+$0.100
(23.81%)

0.500 (13)

0.540 (18)

486,050

0.420 - 0.520

To: Flipper12 who wrote (12516)	6/10/2013 2:26:21 PM
From: Flipper12	Read Replies (1) \| Respond to of 49402

Palliser Oil & Gas Corporation Provides Operations Update CALGARY, June 10, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE:PXL) is pleased to provide an operations update. Production has continued to progress favorably through the second quarter, with May average production of approximately 2,950 boe/d based on field estimates. Second quarter to date production is estimated at approximately 2,800 boe/d, compared to first quarter production of 2,215 boe/d. The second quarter has seen an improvement in heavy oil pricing compared to the first quarter, which is forecast to result in a significant improvement in funds flow in the second quarter. Production, operating and transportation costs are expected to average approximately $23/boe for the second quarter. The Company remains on track to achieve its 2013 annual average production guidance of 2,700 - 2,800 boe/d, with a budgeted capital expenditure program of $24 million and budgeted funds flow of $20 million. Palliser is preparing for an active late second quarter and third quarter capital program, which includes capital spending in excess of $12 million, out of its 2013 capital budget of $24 million, in the second and third quarter. Palliser will be presenting at the annual EPAC Oil & Gas Investor Showcase on June 12, 2013 at 2:20pm MDT at the Metropolitan Conference Centre in Calgary. An updated version of the Company's corporate presentation may be viewed on the website at www.palliser.com. Palliser is a Calgary-based emerging junior oil and gas company currently focused on high netback heavy oil production in the greater Lloydminster area of both Alberta and Saskatchewan. For further information regarding Palliser Oil & Gas Corporation, the reader is invited to visit the Company's website at www.palliserogc.com.