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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 13, 2021 4:26pm
285 Views
Post# 34002752

Today is the Day to be buying

Today is the Day to be buyingToday was a good day to pick up a few more POU shares, it is really the most compelling investment opportunity in the entire energy industry.

One of the least leverage companies in the entire patch. What other energy company has only 134 million shares?

When i look at POU investments in other companys i think about all the additional torque it gives Torque that you don't see in other places.
  • Public investment torque
  • Private investment torque - Private oil companies
  • In house drilling expertise.
  • Cavalier Land
  • Almost zero net debt
  • Most align management group with share holders
  • Very few Oil hedges going forward
  • Monthly Dividend
In addition
  • Best prospects of Durvernay and montney land in the basin.
  • Largest Land hold in the Kaybob area.  
  • No Royalities on their land base

There prospect are huge Smoky with plant wait drilling, Continue drilling South duvernay with Chevron as a minority partner, WilesdenGreen, North Duvernay, Montney Duvernay water flood. Clear water, etc etc etc.

POU off to the races. 

IMHO
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