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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

Post by MyHoneyPoton May 19, 2021 9:54pm
231 Views
Post# 33235584

Book Value of Junior Companies ? Really zero

Book Value of Junior Companies ? Really zero
Headwater resources has a market value of, 900,000 million, 7,000 boe of production, a royality paryment due to Topaz (192,000 acres), 15 million warrent paid to cenvovus.

Guess what you might think Head water with its measly production is worth a lot, but cavalier lands in clearwater are work a lot more. 

I am trying to figure out where they show up on the balance sheet, they really don't.

Add another billion to the share value of POU, the least understood most profitable company in the entire energy space.

IMHO
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