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

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Post by MyHoneyPoton Jan 21, 2021 8:38pm

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Post# 32356168

Duvernay - Results in 1 Billion Invested (Murphy)

Results In

In the Greater Kaybob Duvernay, 16 new wells have been brought on-stream year-to-date. In the oil window, production results have been consistently strong with wells screening as top liquids producers in the basin.

Recent results include a two well pad at Kaybob East (15-19-64-17W5) which had an IP30 of 1,400 boe/d per well (87% liquids) and an IP90 of 1,125 boe/d per well (84% liquids), and a single well at Two Creeks (13-31-64-15W5) which had an IP30 of 1,300 bbl/d (100% liquids) and an IP90 of 900 bbl/d (100% liquids).

IMHO

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