Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by MyHoneyPoton Jan 29, 2021 11:00am
234 Views
Post# 32419998

Am I Seeing Things? Shells evil Eye...

Am I Seeing Things? Shells evil Eye...
https://cdn.shopify.com/s/files/1/1312/8711/products/PPSF0004_1024x1024.png?v=1469081485

Am i seeing things, or is it just my imagination, or does POU's and Shells land base fit like a glove in the Duvernay? Look for Yourself?

https://static2.seekingalpha.com/uploads/2019/4/9/739665-15548528753491669_origin.png

Kabob West + Kaybob North(POU) + Smokey(POU) = A massive play are in the center of the Duverny. So what is that worth, especially when you consider economics of scale, volatile oil and condensate. It is likely one of the most prospective plays in the entire country. 

Murpuhy bangs off without all of Shells expertise some of the best resulting in the entire montney, with stunning economics. 

Shell has the formula down for 3 mile lateral wells, a new era in Oil and Gas development is upon us.

This is worth a lot of money and it is a lot of land. Maybe it needs a few more wells but i think it is pretty good just the way it sits today. Inface Smoky is totally derisked, and North Duvernay is a gold mine. 

IMHO


<< Previous
Bullboard Posts
Next >>