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 Dec 13, 2023 1:07pm

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Post# 35782504

POU CPS investment (2024 will be a big year)

CPS says it has 77.7 millin shares outstanding.

POU owns 15,206,009 shares, 2,740,955 warrants, 900,000 convertable debentures.

So it looks like POU has a significant investment here and they are adding value with off take agreements, and likely this is a 2024 story.

One thing of note here is that David Wilson is involved here, and he is the president/ceo and largest shareholder in Kelt, and seems to be in here with Paramount.

Kelt to me looks like a great addition to POU.

CPS investors link

IMHO

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