Palliser Oil & Gas Corporation Retains Renmark Financial Communications Inc.

CALGARY, Aug. 13, 2013 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSX VENTURE: PXL) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to assist with logistics and marketing efforts focused on retail financial advisors.

In consideration of the investor relations services to be provided by Renmark Financial Communications Inc., Palliser Oil & Gas Corporation has agreed to a monthly agreement with a monthly retainer of seven thousand dollars starting on August 15, 2013.

Renmark Financial Communications Inc. does not have any interest, directly or indirectly, in Palliser Oil & Gas Corporation or its securities, or any right or intent to acquire such an interest.

Palliser is a Calgary based 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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Palliser Oil & Gas Corporation

For further information:

Kevin J. Gibson
Chief Executive Officer
(403) 209-5717
kgibson@palliserogc.com

Allan B. Carswell
President & COO
(403) 209-5709
acarswell@palliserogc.com

Ivan J. Condic
Vice President, Finance & CFO
(403) 209-5718
icondic@palliserogc.com

Renmark Financial Communications Inc.
Maurice Dagenais: mdagenais@renmarkfinancial.com
Lorraine Athaide: lathaide@renmarkfinancial.com
Tel.: (416) 644-2020 or (514) 939-3989
www.renmarkfinancial.com