Palliser Oil & Gas Corporation Announces Grant of Stock Options

/Not for Distribution to United States Newswire services or for dissemination in the United States/

CALGARY, April 14 /CNW/ - Palliser Oil & Gas Corporation ("Palliser" or the "Corporation") (TSXV:PXL) reports that it has granted options to purchase 130,000 common shares at an exercise price of 1.88 per share to an employee of Palliser, subject to the terms and conditions of the stock option plan.

About Palliser

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.

Additional information on Palliser is available on or the Corporation's website at

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 release.


SOURCE Palliser Oil

For further information:

Kevin Gibson
President and CEO
(403) 209-5717

Ivan J. Condic
Vice President, Finance and CFO
(403) 209-5718


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Palliser Oil & Gas Corporation

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