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CALGARY, May 17 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Company") (TSXV: PXL) is pleased to report the election of Jeff Saponja and Allan Carswell
to the Board of Directors as elected at the Company's 2011 Annual
General Meeting of Shareholders.
Mr. Saponja will complement the strength of the Company's current
independent directors. Mr. Saponja is President and C.E.O. of Triaxon
Oil Corp., a private Calgary based exploration and development company.
Mr. Carswell is V.P. Exploration and C.O.O. at Palliser and will provide
an important additional interface for the Board with management with
his recent appointment to C.O.O.
In addition, Wayne Toole did not stand for re-election. Mr. Toole has
been a director of the Company since incorporation and has consistently
provided valuable direction to the Company over the years and the Board
of Directors thanks Mr. Toole for his contributions.
For further information regarding Palliser Oil & Gas Corporation, the
reader is invited to visit the Company's website at www.palliserogc.com.
Palliser is a Calgary-based emerging junior oil and gas company
currently focused on high netback conventional heavy oil production in
the greater Lloydminster area of both Alberta and Saskatchewan.
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
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 Press
SOURCE Palliser Oil
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