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

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Post by MyHoneyPoton Mar 31, 2021 10:42pm

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Post# 32920408

134 million shares

Compare that to the new ARC with 720 million shares.

722/134 = 5.38 times as many shares as POU...

340,000 boe/day / 5.38 = 63,190 boe/day (Share Equilivent compared with ARC)

However the kicker is that POU will have a higher condensate rate.

VII generation produced a lot of NGL liquids but their condensate is no where as high as Paramounts condensate ratio is.

ARC resources has a lot of shares to buy back to get anywhere near, what POU has for a share float.

PS - i am very long POU and bought more today on the dip.

POU will now be the more nimble, well financed, Montney and Duvernay player with the best properties in the entire cabbage patch.

IMHO

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