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Bullboard - Stock Discussion Forum 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... see more

TSX:POU - Post Discussion

Paramount Resources Ltd > Smoky on the water
View:
Post by MyHoneyPot on Jan 15, 2021 2:09pm

Smoky on the water

Smoky is a major liquids play and may end up being a Liquidity move for POU, as POU is currently blocking Shell in making this major play area contigious. Image the value Smoky would bring to Shell if they could connect those two land blocks and develop the resource as a contigious block. 

https://static.seekingalpha.com/uploads/2019/4/9/739665-15548537929742453_origin.png

Smoky Duvernay, is a proven and derisked from a duvernay perspective, and the prespective value of this land in the sweet spot of the play is simply put, unbelievable.....

So shell show us the Money, because we have a few places to put it and a few things to put in place. 

Karr goes to                     40,000 boe day
Wapiti go to                      47,500 boe a day
North Duvernay 20 wells, 15000 boe a day.
Everything else                30,000 boe a day

What would POU look like

135,000 a day
$25 dollar share price
$2 dollars dividend

Thats the vision i share with Jim for POU, Jim's vision i believe is still bigger. 

IMHO
 
Comment by 2020oilgamble on Jan 15, 2021 2:11pm
This post has been removed in accordance with Community Policy
Comment by MyHoneyPot on Jan 15, 2021 3:28pm
Comment by Robertboblaw on Jan 15, 2021 5:19pm
Lol " And fire in the flare stack" That's all I got. Lol.
Comment by 2020oilgamble on Jan 16, 2021 8:06am
This post has been removed in accordance with Community Policy
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