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 Raymondjameson May 09, 2019 12:05am

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Post# 29727326

RE:RE:To Raymond,my error

Recharacterisation of pumper accepted. Actually see a line of sight in pou that is favourable. Free cash flow displayed on page 12 of corporate presentation is a good summary. Take it from me that the top end of the estimates, and completion of the various stages, are achievable. Well results for Wapiti expected in 45 days. Will be close to Karr.

So look at free cash flow x 12 (discounted to 9 because it’s oil and gas) for 20 years. Kick in the pure oil plays for fun and maybe a $5 -6b market cap by end of 2021 is not far off. That’s my math.

Bullboard Posts

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