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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

Post by MyHoneyPoton Aug 29, 2020 10:38am
204 Views
Post# 31475015

Perfect Timing

Perfect Timing
It is perfect time for the Wapiti plant to be down, and allows Karr full attention as POU ramps it up to 40,000 boe a day. 

Keyera has some issues, they have changed staff, and they have an investment in the wapiti plant of almost a billion dollars. Good thing POU is not a one trick pony you see what happens to them CNRL buys them out. 

Karr is not getting full attention, while at the same time Keyera is giving full attention to wapit, it looks bad for them and they need to get their act together. 

This is the perfect buying opportunity for pou, once the Waterous issue is resolved POU will be ramping up to 40,000 boe at Karr, Wapiti is good for 15-20,000 boe as it sits, and they have 38,000 boe elsewhere as of last quater. 90-100 thousand boe a day, with Wapiti at half capacity. 

The sun has never shone brighter on POU, the buying opportunity of a lifetime. 

IMHO
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