Paramount Resources Ltd T.POU

Mega Shale Gas Project Paramount’s shale gas holdings

[MyHoneyPot]

Liard and Horn River

https://files.newswire.ca/1509/PRLQ4.pdf

[Oldnagger]

 POU's longer term holdings are indeed impressive , I will throw a little into the pot for now and a lot more later after I clean up on the gassers.  Thanks again.

[MyHoneyPot]

There is more that people dont know about. You can't compare POU with other E&P companies, they have a lot more going on then anyone understands. IMHO

[regardless]

Amd this is why I like pou so much  the family has a 47% interest in the company shares... they obviously believe this company is worth multiples of 5$... and they can force big swings in the share price with the right circumstances  they control 63000000 out of 134000000 shares ... i so t see any other oul and gas producer that has that kind of clout

[Robertboblaw]

In addition to these factors you guys have been mentioning; it's the low share float. 1/3 of the share float of most other mid sizers. important to remember this usually causes shares to go lower, but then also go higher than other peers with higher share floats.

[Robertboblaw]

That being said, we still need to hit our production and cash flow targets and for oil prices to cooperate in 2021 and beyond for any if this to mayter: - production needs yo average ~80,000 to 82,500 in 2021 - funds flow needs to be in the $300mm range and capital expenditures (Excluding land acq and div) needs to be no more than $300mm and should be even lower in the $250mm range - for pou to

[regardless]

My question here is if karr and wapiti are jewles, then why does my honey pot claim they could be sold? why not produce that condensate rich formation ? you wouldn't get good money for it now and there is no player in the area with enough credit to buy it from us ? unless it's tourmaline but they never pay a premium for anything  ao I don't get why two of their beat plays

[MyHoneyPot]

The reason is this, they have 5-10 more of the same kind of plays to develop.  Wilesden Green North Duverny Ante Creek Smoky Duverny Montney Oil Kaybob South Liard Oil Sands Horn River Etc and the list goes on POU will never run out of opportunities and you will never know what they have their eyes on. So they have developed and play with 100% upside in production and a 25 year lifespan (80

[regardless]

I see what your saying here 

[regardless]

Myhonetpot whatbianypur value tag on karr whatbis Your value tag on wapiti 

[regardless]

Myhoneypot...: now riddle me this .. pou owns those 10-12 plays you just mentioned correct? so why are we only worth 5$ a share  when the sale of karr alone at 1.9$b would triple the share price instantly 

[Robertboblaw]

Regardless, you are a vii holder too are you not? Recall back in 2017 pou sold off it's then crown jewels to vii for $~$2 billion in cash and vii stock. That should be a bottom floor price for pous current crown jewels karr and wapiti based on what JR was able to get previously for what are likely similar assets in terms of reserves, asset quality etc etc To get ~$2 billion, JR would likely

[regardless]

Ok I do get that but say he could get 1.5b that essentially quadrupole a the share price n one swift stroke  my point is we are sitting on 12-14blion in land assets at today's rate but we are only valued at 666$million plus debt .... that's what I can't seem to add up here 

[Robertboblaw]

Regardless read some of HP and raymondjames posts going back years. They've been saying pou was undervalued since it was a $10 stock. It could easily be a $15 To $20 stock if not for the collapse in oil prices and the abysmal investment environment for oil companies in Alberta since 2018...stay long friends

[Raymondjames]

Lots to read tonight. I was long at $10 and own 4x more when the price collapses into the $1s. This can easily be a $4b market cap. Would love $10b but would take $4b in a heartbeat.

[RookieReturns]

  mind my asking what your average cost is? Forgive me if that's not an appropriate question, I'm new here.

[Raymondjames]

Low $3 now on common shares. Deep in the money calls as well. My problem is I buy on all dips. We are still way too cheap. 

[regardless]

At 4bln that put this roughly at 32.50$ per share 

[Raymondjames]

Regardless - when pou starts peeling off $4 FCF per share (hopefully 2022) this will be $20. Discount heavily due to ESG concerns etc and we get to $20. 

[Sugaree]

HP are you just speculating they may entertain selling these assets, or is that discussed in a company presentation, news release or a chat with ceo?

[Robertboblaw]

To be fair HP, Liard and any other northern assets are useless. It's all dry gas and should be written off given the transportation costs, and brutal NG prices. In addition, any other northern Alberta and NWT assets they may have are also useless imo; good luck selling oil out of the remoteness of northern Alberta or NWT without a main pipeline (which is never gonna happen IMO).

[MyHoneyPot]

Liard people want development, and this is the best feedstock for LNG in the world, dry dry dry, they need to push for the development, there is a 20 inch pipeline Consideration of natural gas development in Yukon will continue to take place within the broader context of global energy dynamics as explored in CERI’s North American Natural Gas Pathways study. Notably, natural gas as a share of

[regardless]

Honey pot they may want development but it's not worth spit to produce anything up there ...costs are almost triple than what they are in any other basins , thwres a reason why chevron amd all the majors pulled out and left liars to be a dream.... I count liars as worthless unless gas goes to 4-5$ and stays there a few years 

[Oldnagger]

perhaps they can do like the Russians are doing in Siberia  i.e use the natural gas to power computers to manufacture Bitcoin.

[RookieReturns]

  Forgive my curiosity but are you gleening all this only from quarterly statements? You sound more informed than most. Again, apologies for my curiosity.