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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

Comment by Robertboblawon Jan 03, 2021 7:09pm
112 Views
Post# 32212601

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Mega Shale Gas Project Paramount’s shale gas holdingsRegardless, you are a vii holder too are you not? Recall back in 2017 pou sold off it's then crown jewels to vii for $~$2 billion in cash and vii stock. That should be a bottom floor price for pous current crown jewels karr and wapiti based on what JR was able to get previously for what are likely similar assets in terms of reserves, asset quality etc etc To get ~$2 billion, JR would likely need higher commodity prices bc as you noted, in this environment the cash registers are lacking lol if you catch my drift...
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