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 Mar 10, 2021 9:56am

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Post# 32761734

Kaybob Montney Oil (32 % more)

With oil prices in the mid sixties for the forseeable future, and when you have an oil play that pays out in 8 months and they also have 150 more wells to drill

Enhanced Recovery (32%)

There is also a report out that suggest that enhanced recover could add 32% to the oil recover that has occured to date.

https://mountainscholar.org/bitstream/handle/20.500.11919/1633/STUW_PETE_2016_Riddell_Layman_Carpenter.pdf?sequence=1&isAllowed=y

This play may appear to be much more lucertive that what appears on the surface, and a long life revenue stream of low cost production appears to exist here.

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