Paramount Resources Ltd T.POU

WILLESDEN GREEN OIL WINDOW - Another POU Moment

[MyHoneyPot]

A Duvernay Presentation by a oil and gas consultant confirms, POU east duvernay is in the sweet spot, and the reason for excitement in the area. Parmount know how to create value, and with their Pace Setter well, it is good to drill these so others can derisk the play around you. It seem to be part of POU business model, that what resulted in Seven Generations purchase of their best lands from POU for almost 3 Billion dollars.

A Nice Cross Section in there for the retiredengexec with a number of wells to compare against. 

https://boereport.com/wp-content/uploads/2020/11/Duvernay-Presentation-Nov-2020.pdf

This is a great play area not only because of the location of the play but also because of the size of the land block. This is a company maker and could be a company unto itself. Shell is currently drilling some of the longest wells in the Canadian basin, and with this kind of land base you could do the same. there. 

Another reason to buy POU the best and cheapest Oil company by a country mile. 

IMHO

[retiredengexec]

Jeez Honey. What a treasure grove. This will take weeks to sort through. I dont think the Journey/Ke wells are all that impressive. 60p to 800 bbls pd in month one wont cut it. Water rates are worrisome although could be frack fluid. Where the heck did you get this stuff? Well done.

[MyHoneyPot]

POU alread has the pace setter well for the entire east duvernay and everyone is trying to match it and it was drilled two years ago.  Jim Riddel is also a director here, on a actively engaged privately owned east duvernay players.  https://artisexp.com/management/ Also  Vesta is totally comerical and they are next to Wilesden Green, pretty well right next door.  Everything