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 > 100 Million Dollars

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Post by MyHoneyPoton Mar 10, 2021 3:09pm

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Post# 32764780

100 Million Dollars

Thats the value of the 40,000,000 shares of NVA that POU has on the balance sheet.

Any idea how many wells that will drill at Wapiti, is seem like Karr is pretty well taken care of.

100 Million/7.5 = 13-14 wells and another 10-12,000 boe a day.

With no additional debt on the balance sheet.

Add a few million Meg shares to the mix 30,000,0000 million more.

Add the 170,000,000 million waterous owes us. + Warrents

And lets get Piped with PIPEstone.

I don't think we have a balance sheet problem.

IMHO

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