Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

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.

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Paramount Resources Ltd > Mega Shale Gas Project Paramount’s shale gas holdings

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Comment by MyHoneyPoton Jan 03, 2021 6:57pm

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Post# 32212570

RE:RE:RE:RE:RE:RE:RE:Mega Shale Gas Project Paramount’s shale gas holdings

The reason is this, they have 5-10 more of the same kind of plays to develop.

Wilesden Green
North Duverny
Ante Creek
Smoky Duverny
Montney Oil
Kaybob South
Liard
Oil Sands
Horn River
Etc

and the list goes on POU will never run out of opportunities and you will never know what they have their eyes on. So they have developed and play with 100% upside in production and a 25 year lifespan (80,000 boe/d Karr). I don't see them as long term grind it our producers like CNRL. I think it is better for them to sell it off, take the two billion and do it all over again.

IMHO

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