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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 Oct 03, 2021 2:18pm
139 Views
Post# 33958896

Condensate in big demand

Condensate in big demandEnbrige opened up it pipeline, adding 780,000 boe of export capacity. 

This means all of a sudden we need a lot more condensate, and who is a large condensate producer none other than POU.

Line 3 is Operational

POU will be dripping in cash on september 30 condensate with 98 dollars Canadian. If WTI hits 77 dollars US condensate is over 100 Canadian dollars.

POU has more opportunity than any other stock on the planet especially with only 130 million shares. 

IMHO
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