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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

Bullboard Posts
Post by gharibmon Aug 19, 2003 5:09pm
135 Views
Post# 6335647

Volume

VolumeVolume was huge today, especially that POU is not usually an active trader. Many block trades crossed, perhaps some are part of POU's effort to buy back 3 MM shares. The shares represent excellent value and are poised for accelerated growth. I expect CF for 04 to be in the range $4.5-5.5 given the expected increase in production and the expiry of the hedges. The buyers today were positioning themselves for the good news ahead.
Bullboard Posts

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