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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

Comment by regardlesson Jan 12, 2021 12:42am
111 Views
Post# 32273608

RE:Fees

RE:FeesSurprisingly service costs are still getti
g cheaper at the moment , however they will rise esharply by next fall as the reality of shortage of skilled service hamds will undoubtedly push prices higher if the patch makes a big comeback.

it's at the point right now that all company's can make
jobs amd have enough skilled men and women but if the rig count climbs another 20-50% prices will
go through the roof for services as they will call it pay back time
for the last six years of declining cut throat prices administered by the oul company's ... so although oul and gas may rise , materials , services and land rise with it ... I think the equilibrium ypu see now is the best balance of profits an
eamd p company is
gonna make..... it's still not flat out out here .... but busy enough that we all eat well... but finding rig crews and great drill rigs is getti
g harder allready .... 

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