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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 MaterialsManon Nov 03, 2023 6:21am
139 Views
Post# 35715214

RE:RE:RE:RE:NG pricing is KILLING POU......

RE:RE:RE:RE:NG pricing is KILLING POU......I keep trying to uncover pertinent info about POU for comparison sake.
As you (MHP) suggest, a lot of info is not disclosed unless required.
After doing a little research, it appears that Paramount has about twice as much prospective acreage as ARC in the desired areas.
That seems to be pretty much discounted as far as market cap is concerned.
I'd be curious as to how much acreage is contained in the 20 net sections disclosed in the financial report.
If it turns out to be true that some large U.S.oil & gas companies are looking to acquire companies with significant resource profiles, it's doubtful they would overlook POU from an acquisition point of view.

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