Paramount Resources Ltd T.POU

POU - Quiet

[MyHoneyPot]

The management is being pretty quiet these days, and basicly the world is walking an economic eggshells. 

The  green energy proponents don't realize that peak energy loads can require 4X times the base load power requirement, and it can't be timed with wind gusts and clear sunny days. Predictable + Reliable energy has many times the value of intermittent Green energy sources. 

Willesden Green (POU Future)

The use of technology and long reach wells, longer than 2 miles will reduce carbon footprint, reduce well count, and will produce more reserves from a smaller capital investment. That is the future of Willesden green, and this play we be one of careful engineering of the play, and diciplined execution. 

Martin Hills - Clearwater (500 sections)

My take is that this play is one that requires an engage, and active operator. The wells do not require fracking and are much lower cost. The operators currently there are coming up with strategies for resouce exploitation. Sue Rose Riddell is recapitalized Perpetual energy with a clear water play and i am sure they are getting real time results. 

My hope that this play will be sold, because of the high value nature, and the huge operational commitment. It is not really in the core Montney Duvernay area where most of their current expertise resides. It could represent a juicy special dividend. 

POU is pretty quiet, but good things are happening. The are debt free and things will only get better from here. 

In 2022 Wapita and Karr have become reliable and predictable production. Now that these two plays are working properly the rest is all gravy. 

Wilesden Green is the future, and expect a lot more strategic approach to the responsible development of the play. 

IMHO

[Vince64]

I do hope so MHP. If WTI cooperates, ie., achieves and holds a $90 to $95 price range by year end, I would be most happy with a low $30's POU value exiting 2022. There is no traction. One step forward, two steps back. I am not holding out for any special juicy dividend, or any additional dividend, for that matter. The east winds are blowing. USD will only get stronger as they increase interest

[RookieReturns]

Vince, you and I are in agreement, especially as it concerns any special dividend.

[Vince64]

RookieReturns, what is your speculation regarding POU's 2022 exit price and value in mid 2023? Let's assume WTI @ $90 by year end and $95 for first half of 2023. Feel free to speculate on WTI also.

[RookieReturns]

I think we'll be lucky to see 2022 end any higher than $28-30 if their Smoky and other projects have been successful. I don't think speculating beyond 3-4 months out is even possible given the current economic environment though I believe wholeheartedly that much is being manipilulated right now. You have midterms in the US in November and Xi cementing his 3rd term/dynasty in China