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.

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Paramount Resources Ltd

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Post by Paparico1on Dec 29, 2017 12:36pm

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Post# 27246060

69chevelleSS

from what I understand on the Natgas charting, if we close above $3.25 for a week the next leg up is 4.14 to 4.23 target. MACD on monthly chart is positive only at .008 but last time it's been positive was in Nov 2013. It ran from 3.38 to a high of 6.49 in Feb 2014. I usually buy put's on Natgas for the first couple of weeks of January. Last three years haven't fail but this year, hands off for me on the short side.

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