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 > OMG 5.82 Million - DRAW

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Comment by Sugareeon Jan 12, 2021 6:43pm

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Post# 32279195

RE:OMG 5.82 Million - DRAW

Looking good!

What is your share price target for end of the quarter?

MyHoneyPot wrote: Another big draw and the Saudi are taking another million boe off the market next month. What does that mean for the price of oil?

Also price of Condensate is roughly the price of Oil + 1.25 US.

So we are off to the races.

53.30 oil Price + 1.25 = 54.55 U.S. = 69.93 Canadian

That is more then 43% higher condensate price that POU posted in Q3. (48.74 Can)

Q1 will be a breakout quater for Paramount.

IMHO