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

Bullboard Posts

Post by shambanoon Aug 09, 2007 10:29am

148 Views

Post# 13220846

over 800K traded already

My guess is more NCIB purchases today but it will take a few days to find out if this is the case or if mutual fund buying is the reason for the increased activity this morning. Considering the cash levels per share, and assets TET, MEG, and new drilling rigs in USA which I doubt are reflected in the SP, POU offers very good value and when NG prices recover the SP should recover also. Cheers and GLA

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario