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Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
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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.


TSX:POU - Post by User

Paramount Resources Ltd
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Comment by gharibmon Nov 18, 2003 11:38am
240 Views
Post# 6665352

RE: Not all positive

RE: Not all positiveHi presto, the MVPL will help POU. Their partner Apache is going to be actively exploring Colville Lake property after their two significant discovery wells last winter. According to the company release on sedar they achieved a 93% success rate 28 hits in 30 tries

Saddle Hills successful well will be tied in this month (15 mmcf/d + 300 bpd) and a second well spud on Nov 3. I am really excited about this play. Anadarko had a similar play in the same area and grew production from it to 80 mmcf/d. The Grande Prairie area is developing into a very high growth area for POU.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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