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 Raymondjameson Mar 25, 2018 4:15pm

100 Views

Post# 27778252

Time to go private

The stock is at $16. Market cap of $2.1b. Can be debt free with royalty deal of $100m to $150m and another non-core asset disposition. Waipiti is worth $2.5b and will be in production in 2019. Insiders own 60% and other large shareholders likekly 5%. $1 b and keep all the spoils for yourself. Riddell has to be doing the math. Stupid cheap. Just dumb

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week