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 > POU as 9-10 dollars stock as it sits today

<< Previous

Bullboard Posts

Next >>

Comment by regardlesson Dec 30, 2020 4:58pm

108 Views

Post# 32199809

RE:RE:RE:POU as 9-10 dollars stock as it sits today

Robertlaw
drilling has been the number one factor contributing to the savings obviously but as a whole
services in alberta are working for 35% of where we were last year which was down 80% of where we were in 2013/14.../
so ya it's a big factor
paramount is also in its own unique situation being owners of fox drilling ... they have great iron and they pay a lot less to their crews than other outfits ...
they own their own drill pipe as well so there are no rentals there
they have a very low cost to produce compared to most

<< Previous

Bullboard Posts

Next >>

Gold vs. bitcoin, where should you invest?