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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 04, 2024 10:10am
380 Views
Post# 36207865

Large Resource Plays - Lots in the Hopper

Large Resource Plays - Lots in the HopperWillesden Green Duvernay Overview (249,000 Net Acres)
Sinclair Montney (106,000 Net Acres )
Grand Prairie (109,000 Net Acres)

Size matters on this plays, and Sinclair was put together without fanfare and over time. POU is always creating value every day, but seldom is it make public like this. Likely because of all the agreements put in place for transportation, it will suddenly appear of POU Stage of Development Chart.

POU is also ramping up production towards the end of 2024, with 2025 a new gas plant at Wilesden Green. 

POU should produce between 109,000 and 121,000 boe/day.

POU has one of the best balance sheet in this space, and the future is only getting brighter with Mega Montney and Mega Durvernay Plays.

MHP

IMHO


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