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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 > Liard/Horn River Woodside - Worlds Largest Gas Basin?
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Post by MyHoneyPot on Jan 25, 2024 2:06pm

Liard/Horn River Woodside - Worlds Largest Gas Basin?

This is the most prolific dry gas basin in North America. 

It use to be the wells were 50 BCF, and flowed at 50 MMcf a day, but that was years ago. With current technology, longer wells, and better completion technology it will be a lot higher. 

Liad Basin Chevrons Second Well -

The NEB said the Liard Basin is Canada's second-largest known gas resource after the Montney, which straddles B.C. and Alberta, and it ranks ninth in the world.

National Energy Board supply analyst Mike Johnson said the estimated 219 trillion cubic feet of natural gas is enough to meet Canada's natural gas needs at 2014 levels of consumption for nearly 70 years. 

Liard Basin one of the worlds Largest Gas Basins Lnk

This is a major resouce, world class resouce and POU is now operator and owns 50%.

We need to see the plans going forward here. 

IMHO
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