Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Robertboblawon Dec 08, 2020 10:08pm
190 Views
Post# 32064650

RE:180,000 boe a day 4.3 billion dollars

RE:180,000 boe a day 4.3 billion dollarsThe litmus test will be the end of drilling season Q2 2021. If they've hit 80,000 + BOEs (and 40 to 45 % liquids) by that time and if they're on track to spend only to their capital guidance of $225 to $250 million in capital. If they can hit (on track to achieve) $225 to $250 million in funds flow by the end of Q2 (with oil at $50 to $55 and 45 % liquids prod, and 80,000 BOEs, it *should* be doable), they will be off to the races at that point. Oil prices hold up and they will be $10 to $13 s/p by this time year.
<< Previous
Bullboard Posts
Next >>