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 > Fantastic Opportunity - The Brains of the Patch Reside Here.

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Comment by WillyGreenon Dec 07, 2024 5:18pm

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Post# 36351245

RE:RE:RE:Fantastic Opportunity - The Brains of the Patch Reside Here.

Quinte - this is hardly a propping scenario. Imagine getting liquidity through a large special divvy. This could be a 470m pay day for the Riddell family. Now you know the Riddells are very tax efficient so don't pee your pants if some of the dividend comes out on a tax free basis. Check accounting rules as I don't want to jump down that rabbit hole. Imagine 470m tax free ... they can prop whatever they want.

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