Pace Oil & Gas Ltd. to Present at the FirstEnergy/Société Générale EnergyGrowth Conference November 15 & 16, 2011 in Toronto, Ontario

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CALGARY, ALBERTA--(Marketwire - Nov. 10, 2011) - Pace Oil & Gas Ltd. ("Pace" or the "Company") (TSX:PCE) is pleased to announce they are presenting at the FirstEnergy/Société Générale EnergyGrowth Conference taking place November 15 and 16, 2011 at the Ritz Carlton Hotel, in Toronto, ON.

Fred Woods, President & CEO of Pace is scheduled to present on Tuesday, November 15, 2011 at 8:30 a.m. (Eastern Time). A live webcast of Pace's presentation 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 at the above link for 30 days following the conference.

Pace Oil & Gas Ltd. is a Calgary, Alberta based intermediate sized exploitation and development 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 evaluating 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