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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 Sep 14, 2020 11:05pm
150 Views
Post# 31558110

Production Ramp-up

Production Ramp-up
POU 2021 production rampup, means free cash flow, and a huge appreciation in stock price. My price target 25 dollars.

USA production peaked at 13.1 million boe, and has slumped as low as 9.7 million boe. 

Covid will not last forever, and neither will Trudeau and his ability to print money. 

I am looking forward to the day, that i will just get my quaterly dividend cheque.

Then Raymond and i will chomp down on that three inch juicy steak, have a glass of merlot, and a few puffs from our cuban in hand. There will be lots of time for us to blow a little smoke in the faces of some of you POU doubters. 

POU the cheapest energy stock on the planet, and my guess is that 60 million will be more than covered when Waterous coughs up POU's dough. 

IMHO
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