Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

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 into three regions: the Grande Prairie Region, located in the Peace River Arch area of Alberta, which is focused on Montney developments at Karr and Wapiti; the Kaybob Region, located in west-central Alberta, which includes the Kaybob North Duvernay development, the Kaybob North Montney oil development and other shale gas and conventional natural gas producing properties, and the Central Alberta and Other Region, which includes the Willesden Green Duvernay development in central Alberta and shale gas producing properties in the Horn River Basin in northeast British Columbia.

TSX:POU - Post by User

Paramount Resources Ltd

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Comment by shambanoon Jul 07, 2007 12:32pm

150 Views

Post# 13051336

RE: Oversold: volume too low

A definite possibility in my mind also. If POU is greeting much credit for their oil sands assets, namely their interest in MEG (SP?), then I'm sure there's a buck in it to take POU private, and sell the assets off one by one thereby making a huge return. But is it about money for the Riddell’s, I'm sure they have plenty. Cheers and keep buying LOL

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