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 > Willesden Green Value not Recognized

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Post by MyHoneyPoton Nov 03, 2023 10:04pm

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Post# 35716991

Willesden Green Value not Recognized

In 2021 POU drilled the longest well todate in Willesden Green, 4000 meters lateral.

Now in 2023 they have drilled a 4800 meter lateral well in Kaybob Duvernay.

That 4000 meter drilled in 2021 produced 1533 boe/day as a average gross 30 day production measurement.

Now with wells being drilled 4800 meters expect production results 20% higher or over 1800 boe/day.

Willesden Green with it massive land position means POU will be drilling the longest wells it can.

Willesden Green is Billions of Dollars in untapped resouce and will make POU a $60 dollar stock.

IMHO

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