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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 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

Bullboard Posts
Post by SandHeadson Jan 20, 2016 10:59am
224 Views
Post# 24476483

taking a pounding this morning.

taking a pounding this morning.
The good news is they exited Dec with 50,000 boe/d. January production will probably be higher. {Personally I think the compny has a lot of options to right it's balance sheet.) They mentioned they are in negotiations to sell some assets. Anyway! the leverage to rising energy prices is about as good with this comapny as it is with any others imho. Insiders cannot buy until the Q4 report comes out if memory serves me right? I look around my enviroment and everyone is still working, construction is going on like crazy, People are still heating their homes and rush hour traffic is certainly not decreasing. Life goes on.
Here is a link to the worlds population clock.

world population clock
Bullboard Posts