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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

Post by MyHoneyPoton Jul 10, 2023 7:48pm
189 Views
Post# 35534567

Duvernay Results - Soon

Duvernay Results - SoonWe should see some North Duvernay Results soon, and there is going to be a good reason to get excited. 

There is a brand new rig walking across wilesden green and its god Fox Drilling name written across it, a speciality built rig for the East Duvernay, a play POU has been working on for more than 10 years is now ready for development. 

POU's Frac sand buisness gets upgraded into the premier sand for solar pannels in 2023, and we will hear the Feds, (MY GUESS) putting money into this project in manitoba and is becomes another valueable asset on the POU balance sheet.

Q2 was not 100% as expected with the forest fires, but now we are off to the races and my guess it that we are going to see NVA become part of POU sooner than anyone thinks.

Summer is alway slow, but strength in commodity prices in the second half of the year, Wilesden Green kickoff, and North Duvernay being realized,

Exciting time for POU and maybe the sale of some assets this fall.

IMHO
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