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.

TSX:POU - Post by User

Paramount Resources Ltd > Heavy in POU

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Comment by Raymondjameson Mar 03, 2021 6:52pm

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Post# 32711271

RE:RE:Heavy in POU

Going to jump in on the hedging issue. Yes looks terrible but we were all fighting for survival in 2020. We are relieved from bank covenants now. Costs way down. Beat wells in the basis. Suck it up for q1 and q2. Bank debt may get whacked by 40m shares of Nva, $100-$160m fcf, Waterous payment of $45m -90m, and trust me when I say this, JR is going to exceed production guidance by 5000 bpd.

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