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

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Post by MaterialsManon Mar 10, 2024 9:10am

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Post# 35925041

Cut backs

Looks as if the Saudis are making oil production cuts permanent for the near term.
Also predicting strong oil in '24. In addition they are in talks with participants in the LNG business in North America. They want to participate.
I don't think there is a bigger player than Saudi Aramco. I may be wrong, but I don't think so. They paid out about 100 Billion in dividends this past year.

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Who, why, and what of the great "Crypto Surge"