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.

TSX:POU - Post by User

Paramount Resources Ltd

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Post by MyHoneyPoton May 11, 2023 9:52pm

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Post# 35444569

CPS announcement ( Parmount owns a big chunk )

CPS is pleased to announce achievement of several major milestones as the Company works towards building North America’s first integrated patterned solar glass manufacturing facility:

Three binding commercial off-take agreements have been signed representing a minimum of 62% of planned output capacity, with optionality to increase to 77%
Multiple MOU’s have been signed, representing an additional 170% of planned output capacity, that are expected to convert into commercial off-take agreements such that the project is 100% contracted
Pre-construction engineering and design is complete and a turn-key EPC agreement has been signed providing capital cost certainty and operational performance guarantees
Off-take agreements and fixed cost certainty underpin attractive project economics (>18% unlevered before-tax IRR)
Environmental Act License issued by the province of Manitoba to CPS to construct and operate a patterned solar glass manufacturing facility
Vice President, Glass Operations appointed and board of directors enhanced with solar energy industry expertise
Formal financing process initiated with Fort Capital Partners and Peters & Co. Limited engaged as co-financial advisors

https://cpsglass.com/

MHP

IMHO

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Paramount Resources signs $3.32 billion asset sale