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 > Westbrick was purchased but not by POU

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Comment by PabloLafortuneon Dec 23, 2024 11:55am

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Post# 36375169

RE:RE:Westbrick was purchased but not by POU

I feel Vermillion overpaid for Westbrick. If I compare the reserves that TOU paid for Crew and Peyto for Repsol. Or what Spartan is trading for. Which is their pattern of using the international cashflow to IMO overpay for Cdn assets. Its why I didn't buy that stock based on past history and guess what, history has repeated itself!!!

I'm glad POU didn't buy that deep basin gassy stuff. NG supply and prices are out of control in Western Canada unless you're very good at hedging and marketing not a good place to be at the moment.

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