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 energeeon Oct 01, 2020 9:41pm

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Post# 31656127

RE:RE:$100m closes NVA

The value of the Strath shares will be documented somewhere in a fairness opinion. The writers of the fairness opinion are probably under the micro now.

I expect POU will get a fair $$ for the Strath shares. Perhaps $80-100MM. The market is not efficient right now, with no liquidity and lenders grinding clients, which affects all deal metrics.

With POU now owning 17% of NVA, which is quite leveraged, a friendly corp deal, would require shareholder approval and possible competing bids. The winner would then assume the NVA debt.

Seems to me that POU is either going to do a deal with NVA or benefit from the share position if another shows up.

JMO

Bullboard Posts

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