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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 Feb 13, 2021 9:11pm
185 Views
Post# 32563504

RE:The Only Real OIL and GAS Investment

RE:The Only Real OIL and GAS InvestmentI second everything HP said. POU mgmt (IE the Riddells) do not do anything that would threaten the long term value of shareholders. They are not afraid to let the shares crash during times of oil bear markets. They don't do the kinds of things other companies do that would be at the detriment of shareholders. Other companies do things to the detriment of s/h when oil prices crash such as but not limited to: -Bad hedges -Issue massively dilutive shares -Take on excessive debt to continue drilling - etc etc They do the prudent thing they pull up the rigs pull in the horses and wait it out until oil prices improve. Other companies often answer to other parties which can have it's benefits (But also don't help speculators looking for real value) if a person is look for unhinged exposure to oil prices after a bear oil market, POU is the place you want to park a good chunk of your money. Imo. GLTA
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