Pace Oil & Gas Ltd. Announces August 9th, 2011 Q2 Earnings Conference Call/Webcast

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CALGARY, ALBERTA--(Marketwire - Aug. 5, 2011) - Pace Oil & Gas Ltd. (TSX:PCE) today announced that following the release of its Q2 2011 financial results after market close on Monday, August 8, 2011, it will conduct a conference call and simultaneous listen only webcast to discuss the Q2 2011 financial results. The conference call and webcast will take place on Tuesday, August 9, 2011 at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time).

To access and/or participate in the conference call by telephone:

Dial: 1-877-407-0782 (Toll-Free Canada/USA)
Dial: 1-201-689-8567 (International)

Participants are advised to dial into the call five minutes prior to the starting time to register.

To access and listen to the simultaneous webcast by internet:

Enter in your web browser:

A replay of the conference call will be available for a limited time. In addition, the webcast will be archived on Pace's website at for a limited time.

Replay Number (Toll Free): 1-877-660-6853
Replay Number (International): 1-201-612-7415

Replay Passcodes (both required for playback):
Account #: 286
Conference ID #: 377084

Pace Oil & Gas Ltd. is a Calgary based, intermediate sized exploration company that has a tremendous portfolio of oil and gas resource opportunities to pursue in the Western Canadian Sedimentary Basin. Pace has a solid oil production base in Dixonville, a significant oil resource play inventory in Southern Alberta to combine with its light oil property in Red Earth, plus a prolific natural gas resource base in the sweet spot of the Deep Basin. The Company is excited about the opportunities it has identified and looks forward to applying its expertise to increase shareholder value. Pace trades on the Toronto Stock Exchange under the symbol PCE.

Pace Oil & Gas Ltd.
Fred Woods
President & CEO
(403) 303-8505

Pace Oil & Gas Ltd.
Judy Stripling
Executive Vice-President & CFO
(403) 303-8502