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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 MyHoneyPoton Jan 18, 2021 11:31pm
159 Views
Post# 32323893

RE:RE:Kaybob North- What can i say - Condensate

RE:RE:Kaybob North- What can i say - Condensate
Look at the result for Athabasca, it is utterly amazing. Check it out for yourself it is in the light oil section of this report. This well that is 100% liquids it is so close to POU landbase they can see the well from the section boundry. 

This is absoulately the best play opportunity in the entire duvernay, look at the reserves of some of these wells, 640 Mboe, just think these wells are gold mines. 

IT will not be long before POU starts drilling here themselves, Murphys wells are the best wells in the entire Duvernay, these duvernay well are only subject to 5% royalities, and POU has a massive land base here. 

Huge reserves, derisked by your neighbors, well costs coming in at around 7 million.

POU the cheapest stock in the entire market. 

Look for yourself it is in the light oil section, ATHAbasca is a 30% partner in these wells.

https://www.atha.com/uploads/news-releases/2020/2020-11-04_AOC_Q3_2020_Results_11-04-2020_FINAL.pdf

IMHO

 
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