Pace Oil & Gas Ltd. is Pleased to Announce That it Will Be Presenting at the Independent Petroleum Association of America Oil and Gas Investment Symposia

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CALGARY, ALBERTA--(Marketwire - Sept. 22, 2011) -

Pace Oil & Gas Ltd. ("Pace" or the "Company") (TSX:PCE) is pleased to announce they are presenting at the Independent Petroleum Association of America ("IPAA") Oil & Gas Investment Symposia ("OGIS") held at the Palace Hotel in San Francisco, California on September 26 – 28, 2011.

Fred Woods, President & CEO of Pace is scheduled to present at the IPAA's OGIS on Tuesday September 27th at 4:10 p.m. (Pacific Time) in the Twin Peaks room on the 2nd Floor. A live webcast will be available at the following link:

The webcast link will also be made available on Pace's website along with the presentation at The webcast will be archived on the IPAA's website at

Pace Oil & Gas Ltd. is a Calgary, Alberta based intermediate sized exploitation and exploration company with a large portfolio of near term oil and gas resource opportunities in the Western Canadian Sedimentary Basin. Pace has a growing oil production base in the Peace River Arch area with its large Montney pool at Dixonville and its Slave Point light oil resource play at Red Earth. In Southern Alberta, Pace is developing and exploiting the lithic Glauconite and Mannville channels using advanced 3D processing and interpretation and exploiting its legacy Mannville oil pools using enhanced recovery techniques. In Northwest Alberta, the Company is in the early stages of exploring a large Pekisko oil resource play. Pace also has a number of natural gas resource opportunities, including its Falher, Cadomin and Nikanassin prospects at Elmworth in the sweet spot of the Deep Basin and its Montney gas prospects at Pouce Coupe and Farrell Creek. Pace has a large land inventory of over 800,000 net acres and a large 3-D seismic database to identify drilling opportunities and uses the newest proven technologies in horizontal drilling, multi-stage completions, and EOR processes to grow its reserve base.

Pace's common shares trade under the symbol PCE on the TSX and PACEF on the OTC.

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

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