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

Comment by ceremonyon Jul 10, 2018 12:16am

31 Views

Post# 28291280

RE:Pro Forma Net Debt: ~$536 MM

i would say with $1.6b if aro's it is anything but debt free.

MyHoneyPot wrote:

So that mean that with more than 300 million in balance sheet assets which include equity and drilling rigs, they have just around 200 million in debt, with no consideration given to LIARD acreage ajoining Chevron, MGM Energy, Cavilar Energy, or the Free Hold Lands that they currently are reviewing the bids on.

So anyway you want to slice it POU is a debt free company. People on this board that have nothing better to do than bash management will soon be gone or making apologies is my guess. They believe that all you need to do is hire the right President and the value of the company will double, lets just say that the days of that type of investment strategy no longer in play.

Revenue per quater projection updated, 33.14 boe * 90,000 * 91 day = 271 million
Production estimate = 8.2 million boe a quater. 11 dollars boe op costs.

1.4 proforma net debt to cash flow, with no Tier2 financing in place like (NVA, KELT)

I guess you know it all's think if POU had Micheal Rose on the board management would be better, you think it is because of him that TOU is a decent company. In not enought that Mike Roses wife is on the POU board, that Mike Rose it attends faimly gathers, Holiday Gatherings, and that his Father In law is Clayton Riddell him self, not to mention that Jim and Mike are related and hang out from time to time.

I am sure Mike Rose looks at the jokers on this board that take about Jim and Clayton and laughs.

This is the best buy in the market place and looking at the project production a year from now, i am guessing POU will be 120,000 boe with still zero debt, and over 40% liquids. What that worth team...