Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

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.

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Paramount Resources Ltd > May have oil selloff today ..

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Comment by RookieReturnson Jun 22, 2022 10:25am

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Post# 34773739

RE:May have oil selloff today ..

Raymondjames wrote: Due to renewed fears of recession and impact on oil demand. Listen to me, wait to you see the reds of their eyes and use all the dry powder yiu have. Oil will come in with a very large draw in q3 and q4 regardless. Pou $50.

Fundamentals haven't changed and a US gas tax break will only exacerbate the situation. This seems like a good time to buy more POU.

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