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Palisades Petroleum (PAPT.PK) Announces Publication of Current Financial Information and Upgrade in Reporting Status

December 29, 2010

ANN ARBOR, MI--(Marketwire - December 29, 2010) - Palisades Petroleum Corporation (PINKSHEETS: PAPT) President and CEO, Brad Hayosh, states the following: "We are pleased to announce that Palisades Petroleum has taken the first important step in achieving Current Information Status on the OTC Markets (formerly Pinksheets) website by posting its Initial Disclosure Document and Current Financial Information. 

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