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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 Barnbeezeeeeeeon Nov 19, 2024 8:51pm
184 Views
Post# 36320845

Im not usually a glass half empty type

Im not usually a glass half empty type"With the Wapiti Plant turnaround complete and subsequent disruptions resolved, Grande Prairie Region sales volumes have averaged over 80,000 Boe/d and total Company sales volumes have averaged over 110,000 Boe/d since late-October."

would this not mean we sold 80,000 Boe/d of production?  3rd quarter sales volumes averaged 67,000 Boe/d but in reality is much more than that.  150 million netback in 3rd quarter alone with minimum 15 years drilling inventory ?  Do the math   Seems to me like ovintiv got a pretty good deal.  Just feels like we are spinning our tires. I really hope there is more to this story!
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