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.

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Paramount Resources Ltd > Forecast Interest 17.1 million 2021

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Comment by Robertboblawon Jan 10, 2021 6:37pm

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Post# 32264276

RE:RE:RE:RE:RE:RE:RE:Forecast Interest 17.1 million 2021

I'm inclined to say that any returns should be reinvested directly back into the business. I'm not in this for a $0.75 dividend. I'm in this for the long haul. This $100 million is better used to drill up more lands and prove up more reserves IMO. Especially given right now the drilling cos are essentially charging a 50% discount on their fees. We could drill 15 additional wells with that money. or else just pay down debt then. But turning the tap on a dividend just wastes that monies long term potential IMO.

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