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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Paramount Resources Ltd. is a Canada-based liquids-rich natural gas focused energy company. The Company explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company’s principal properties are located in Alberta and British Columbia. It has a diversified portfolio of assets with top-tier liquids-rich positions in the Montney and Duvernay plays. The Company's operations are organized into three regions. Its primary focus in the Grande Prairie Region is its Karr and Wapiti Montney properties. Kaybob Region includes the Kaybob North Duvernay development and other natural gas and oil-producing properties. The Central Alberta and Other Region includes the Willesden Green Duvernay development in central Alberta and shale gas properties in the Horn River Basin and Liard Basin in northeast British Columbia.


TSX:POU - Post by User

Comment by MyHoneyPoton Aug 05, 2021 11:42am
124 Views
Post# 33654912

RE:wapiti was

RE:wapiti was
It's true, when you own your infastructure 100% you have more control, but it looks like even TOU is going to a more hybrid type model. 

The last quater was the best opportunity to deal with Wapiti - Keyera plant issues, now in the rear view mirror, expect wapiti to start ramping up big time, especially with the success they have had at Karr, pad 3-10 1850 boe a day per well (6 wells) 180 days. 13-14 million roughly in CF per well at 70 wti condensate.   

Wilesden Green

I am very excited to see what a 4KM well will do in Wilesden Green, this is really exciting, and is it not almost like drilling 2 - 2KM wells. 

It will be looking foward to when managment reports on those well results, and it sounds like JR is working on a plan to put a Plant in place, or at least thinking about it. Maybe Topaz will build a plant for a GOR on the production, and the processing revenue. 

Exciting times ahead.

POU the best asset base in the industry, dripping with opportunity. 

IMHO
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