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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

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

Comment by Robertboblawon Apr 18, 2021 2:33pm
135 Views
Post# 33019292

RE:RE:RE:Underlying Assets need a Performance Strategy

RE:RE:RE:Underlying Assets need a Performance StrategyBarring a catastrophic collapse in oil prices like 2020 ( but like you said Raymond - who knows - could happen) i also really don't see $6 happening again anytime soon. Also to jump on HPs point about the oilsands assets, i highly doubt they have much value tbf. They've had those leases forever and I think they tried to find an international buyer for them years ago before the 2015 oil collapse and were unsuccessful, at least that's what I heard. I doubt they're worth much of anything unless we are talking about $100 oil, then yeah sure they have value. Ditto for the northern assets like liard - anything up there is useless and should just be written off already IMO. But I strongly believe in the kaybob and GP assets, along with the drilling co and portfolio of other investments. But like you said, this all likely hinges on what oil prices do in the coming years. GLTA.
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