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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based energy company. The Company explores and develops both conventional and unconventional petroleum and natural gas. It also pursues longer-term strategic exploration and pre-development plays and holds a portfolio of investments in other entities. Its principal properties are located in Alberta and British Columbia. The Company's operations are organized into three regions: the Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti; the Kaybob Region, located in west-central Alberta, which includes the Kaybob North Duvernay development, the Kaybob North Montney oil development and other shale gas and conventional natural gas producing properties, and the Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.


TSX:POU - Post by User

Bullboard Posts
Comment by TheGeneral1on Apr 23, 2016 6:40pm
347 Views
Post# 24803033

RE:Go pou go

RE:Go pou go
Some basic things bug me. So when people reference that pou assets were sold to Pembina, and that now it should be all peaches and cream and reduce pou's debt significantly. That is not really the true story. Simply put, POU owned Pembina so much money, that they couldn't pay them and worked out a deal to offload assets to cover their debt with them. But please be aware this company is in serious debt and if things don't turn around quickly, its not in good health to last till it do turn around. All one has to do is look at earnings and reports. Give me your thoughts.
Bullboard Posts

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