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 > Cash infusion?

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Comment by Konaboyon Nov 20, 2022 8:47pm

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Post# 35114342

RE:RE:RE:RE:Cash infusion?

OK, but I think we got a bit distracted from the original question, which was the value of the Westbrick investment. Appears still no definitive answer.

Strange that such high value investments are so unclear? Almost shrouded, cloaked, hidden, fogged, you get the idea, not overly visible in general.

I'm leaning towards $5-10 million max. Not much to get excited about.

MyHoneyPot wrote: The presentaion value as of Sept 30, 2022.

A value of 70 million is place on private company investments, in the current presentation.

However the 16% interest in Sultran looks pretty valueable to me, and Westbrick is an over 50,000 boe/day company.

I think the private investments are worth a lot more than 70 million dollars and if Westbrick is monetized we will find out.

It looks to me that POU has lots of opportunities to raise extra cash, and often this tuck in acquisitions enhance the value of the play areas.

Karr looks good 50,000 boe/day with a 25 year production profile, Wapiti looks good now for 30,000 boe day 20 years, Willesden green is 50,000 target (With resource in place), and Smokey Durvernay 5,000 boe/day, North Duvernay 20,000 boe/day, etc.

Now where is see a nice add on is North Duvernay, (Murphy/ATH) land buts up to POU land and would likely add the resource to 50,000 boe/day.

IMHO