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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 Sep 05, 2022 5:59pm
352 Views
Post# 34942645

POU is a treasure chest of Opportunity

POU is a treasure chest of OpportunityPOU management is very well informed, and works closely with Peters the number 1 investment company in the Canadian Market Place. 

With an Energy Price between 90-100 dollars i expect to see $40 dollars by the end of the year. 

POU's Karr asset is it most reliable and profitable, and is a very valuable asset they is important in the success of Paramount, and if Karr goes down, it would be a trigger to sell. 

So if you think about it almost 50% of POU production is from a Tier1 return asset, and Wapiti may not be as good its pretty good and could call it Tier 1.5 . Almost 70% of their production is from Karr + Wapiti. 

Also NVA is ramping up, and i expect to see them at 15 dollars by (January-Feb), in 2022 they will hit 90,000 boe a day and if prices hold they will be a $20 dollar plus stock. POU has a lot of NVA stock and i think they may take them out, especially if they keep buying back shares and making it cheaper for them. 

I also expect a special dividend for POU after Q3. I think they are buying good bolt on assets like Karr and Wilesden green. 

For Montney plays i look for great production numbers, very liquids rich. For Duvernay i look for lots of running room and the ability to drill long reach wells. 

North Duvernay will be an exciting playin the short term.

Also POU has assets that are just not valued by the market.

So a conservative estimate is $40 dollars by the end of the year with oil between 90-100. If oil goes back to $150 U.S. i would say 60 dollars an you should sell.

IMHO
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