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 > More bullish at $11.40 then I was at $7....

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Comment by Robertboblawon Feb 22, 2021 8:48pm

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Post# 32633385

RE:More bullish at $11.40 then I was at $7....

At this point, all signs seem to point to a long bullish trend in oil prices. With all the shut ins and slashed capital spending and investment that poured out of oil the last number of years, it would make sense from just a supply side perspective that oil prices are overdue for a correction this time going upwards. Onwards and upwards friends!

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