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Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

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... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > Fantastic Well Results
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Post by MyHoneyPot on Jan 10, 2024 9:57pm

Fantastic Well Results

Willesden Green, results for two wells were released by POU and they are legitimate home runs. 

Home runs in the first inning at Willesden Green. 

These 4000 meter wells the first 23 days 1100 boe condy/liquids 3.9 MMcf of gas. 

The Leafland plant is up and running and can handle 6000 boe/day of liquids, and 22 MMcf of gas. 

Two wells are producing  2,200 boe of condensate/liquids and 7.8 MMcf of gas. 

4 wells could end up poducing 4,400 boe of condensate/liquids and 15.6 MMcf of gas. 

Approximately 7,000 boe/day. 

So it looks like the liquids could limit the production here, these ratios will change, but this plant has the potential of around 9,000 boe/day

Well I know that POU has a 4800 meter well drilled in the north duvernay, in Wilesden Green with long wells (4800 meters) they would be producing over 2100 boe/day.

50,000 boe/day could be a really good company all on its own and that is the potential of Williesden Green. 

Off to the races and Q1 you wil start seeing the production ramping. 

IMHO
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