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 Raymondjameson Apr 26, 2018 4:28am

100 Views

Post# 27942366

RE:RE:How bad is POU's hedging?

17,000 Bbl/d of liquids hedged for the remainder of 2018 at C$71.61/Bbl WTI; 11,000 Bbl/d of liquids hedged for 2019 at C$73.99/Bbl WTI

I wouldn’t be surprised if more hedging has occurred since April 9th corporate presentation. Guaranteed cash flow to cover capex is important in this business. The rest is gravy. These guys don’t get forced to do anything by the banks. They are the bank. Stupid cheap. Strong buy.

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