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 > Karr at 66 dollar WTI with last quarter costs (41,000 boe)

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Comment by Barnbeezeeeeeeon Mar 06, 2021 4:35pm

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Post# 32737007

RE:Karr at 66 dollar WTI with last quarter costs (41,000 boe)

I hate to rain on the parade but isn't 90% of our production hedged at $45/bbl for the first half of the year? I don't think the numbers will look anything like this.., this year anyways. Was pretty disappointing to see how much they hedged in the first half but I get why they did it. Easy for me to be crititical 3 months later when oil is 20$/bbl higher. Sounds like a lot of our new production is coming on in the second half of the year and I do believe JR will blow past guidance. Second half of the year is PoU's to shine.

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