Palisades Petroleum Corporation (PAPT.PK) Rated by Beacon Equity Research as “Speculative Buy”
Palisades Petroleum Corp. (PAPT.PK) has been rated "Speculative Buy" with a target price of $0.85 by Beacon Equity Research Analyst, Lisa Springer, CFA. The full report is available at http://www.BeaconEquityResearch.com. In the report, the analyst writes, "Palisades Petroleum Corp is a junior oil and gas exploring and production company developing promising oil and gas properties in Montana, North Dakota and South Dakota, Wyoming and Colorado. "The Company has already begun producing at a rate of 283,000 cubic feet of natural gas per day, and shipping natural gas production. Palisades believes this prospect could support up to six gas wells,…