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Paramount Resources Ltd T.POU

Alternate Symbol(s):  PRMRF

Energy Oil & Gas E&P
Paramount Resources Ltd. is a Canada-based liquids-rich natural gas focused energy company. The Company explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company’s principal properties are located in Alberta and British Columbia. It has a diversified portfolio of assets with top-tier liquids-rich positions in the Montney and Duvernay plays. The Company's operations are organized into three regions. Its primary focus in the Grande Prairie Region is its Karr and Wapiti Montney properties. Kaybob Region includes the Kaybob North Duvernay development and other natural gas and oil-producing properties. The Central Alberta and Other Region includes the Willesden Green Duvernay development in central Alberta and shale gas properties in the Horn River Basin and Liard Basin in northeast British Columbia.


TSX:POU - Post by User

Paramount Resources Ltd > Share price after SD
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Comment by MyHoneyPoton Jan 17, 2025 6:53pm
71 Views
Post# 36409824

RE:RE:RE:RE:Share price after SD

RE:RE:RE:RE:Share price after SDThis is right out of the press release...

"assets held in its wholly-owned Cavalier Energy subsidiary, which encompass over 1.3 million net acres of land, including 293,000 net acres prospective for cold flow heavy oil in the Clearwater and Bluesky formations as well as five significant thermal oilsands development opportunities, the most material of which is the Hoole Grand Rapids project;"

I think the company know these are highly valueable land, and you can only look at what companies like TVE paid for these types of assets. In fact this play has been suggested to be one of the most economical oil plays in North America. 


IMHO
MHP
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Dealroom for high-potential pre-IPO opportunities