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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

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

Post by MyHoneyPoton Dec 27, 2020 1:15pm
209 Views
Post# 32185395

2021 the Plan is to double

2021 the Plan is to double
All the production increases for 2021 will be Karr and Wapiti

So what does that mean?, a 100% increase in condensate from Karr and Wapiti

2021 production from karr and Wapiti to be 52500 boe a day. 

Not a big stretch when Karr and Wapiti will be producing 41000 boe a day in Q4. 

Remember after Q4

POU will be the most condensate rich play per boe in Canada.

IMHO
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