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 > NVA shares

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Comment by WillyGreenon Jul 25, 2024 5:53pm

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Post# 36148893

RE:NVA shares

No chance of using the proceeds from nva to buyback pou shares. The Riddell family own 47% of the float. 3-4 parties own approximately 12-15%. Buying the shares back would limit an already thinly traded stock. Would rather have pou sell nva, keep 50% of the proceeds, and divvy out the balance to existing shareholders so I can add more.

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