Pace Oil & Gas Ltd. to Host Q3 2011 Financial Results Conference Call and Webcast

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CALGARY, ALBERTA--(Marketwire - Nov. 4, 2011) - Pace Oil & Gas Ltd. (TSX:PCE) intends to release its Q3 2011 financial results before market on Tuesday, November 8, 2011 and will host a conference call and webcast on the same day to discuss the Q3 2011 financial results. The conference call and webcast will take place on Tuesday, November 8, 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 webcast by internet:

Enter in your web browser:

A replay of the conference call will be available via the above link and 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 #: 382437

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 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 enhanced oil recovery processes to grow its production and 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