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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 MyHoneyPoton Feb 06, 2023 11:06am
149 Views
Post# 35269189

RE:RE:CPS Shovel Ready end of Q1, 2023

RE:RE:CPS Shovel Ready end of Q1, 2023Its a public company with a market cap of 34 million, this looks like a project that would be aligned with the agenda of the current governments (Federal and Provinicial), and they are out signing up takeoff agreements as they have interested purchasers of the sand. 

So i understand they submitted their enviromental permits in in the fall, once they have the take off agreements signed, they have a conditional offer on a large chunk of land to build a plant. 

So i have no idea what it is worth, but i am sure it has support of all levels of government, and i believe it has first nations support as well. It is already a public vechile. 

I guess they will need to sell equitiy to get financing unless the government wants to chip in as well. 

So my guess it will be worth a lot more, and it will take a few years is my guess to build. 

IMHO
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