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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.


TSX:POU - Post by User

Paramount Resources Ltd > Very different world from march 2019
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Comment by Robertboblawon Dec 20, 2021 6:47pm
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Post# 34248660

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very different world from march 2019

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Very different world from march 2019I might change this response. You know, omicron will likely spread, disrupting travel and back to work plans world wide. I don't think even $70 oil for the first half on next year is likely. I don't see much use in any special divies thus. good news is, 50% of our prod next year is hedged at ~$69 USD (assuming today's 1.29 exchange rate). This will help us should omicron keep negatively affecting prices. Maybe by next summer once this passes, we can get back to seeing higher oil, and Pou can go back on a tear. But the next six months could be a bumpy ride, but those hedges give us some pretty solid cushioning imo. GLTA next year.
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