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Press release from Marketwire

Pace Oil & Gas Ltd. to Present at the GHS 100 Energy Conference Held in San Francisco, CA June 25-26, 2012

Thursday, June 21, 2012

Pace Oil & Gas Ltd. to Present at the GHS 100 Energy Conference Held in San Francisco, CA June 25-26, 201218:01 EDT Thursday, June 21, 2012CALGARY, ALBERTA--(Marketwire - June 21, 2012) - Pace (TSX:PCE) will present at the GHS 100 Energy Conference, hosted by Global Hunter Securities at the InterContinental Hotel in San Francisco, California on June 25th and 26th, 2012. Fred Woods, President & CEO of Pace is scheduled to present Monday, June 25, 2012 at 9:00 a.m. (Pacific time) in the Grand Ballroom C on the 3rd Floor of the InterContinental Hotel. A live webcast will be available at the following link: http://wsw.com/webcast/ghs3/pce.to/ The webcast link will be made available on Pace's website along with the presentation at www.paceoil.ca.Pace is a Calgary, Alberta based intermediate sized oil-weighted company with a large portfolio of near term oil resource opportunities in the Western Canadian Sedimentary Basin. Pace has a growing oil production with its large Montney pool at Dixonville, its Slave Point light oil resource play at Red Earth and its Southern Alberta asset, where Pace is successfully developing and exploiting a large inventory of identified Mannville channels. In Northwest Alberta, the Company is in the early stages of exploring a large Pekisko oil resource play. 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.For further information visit our website at www.paceoil.ca.FOR FURTHER INFORMATION PLEASE CONTACT: Fred WoodsPace Oil & Gas Ltd.President & CEO(403) 303-8505fwoods@paceoil.caORChad KalmakoffPace Oil & Gas Ltd.VP, Finance & CFO(403) 303-8504ckalmakoff@paceoil.cawww.paceoil.ca