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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 > Willesden Green Value not Recognized
View:
Post by MyHoneyPot on Nov 03, 2023 10:04pm

Willesden Green Value not Recognized

In 2021 POU drilled the longest well todate in Willesden Green, 4000 meters lateral. 

Now in 2023 they have drilled a 4800 meter lateral well in Kaybob Duvernay. 

That 4000 meter drilled in 2021 produced 1533 boe/day as a average gross 30 day production measurement. 

Now with wells being drilled 4800 meters expect production results 20% higher or over 1800 boe/day.

Willesden Green with it massive land position means POU will be drilling the longest wells it can. 

Willesden Green is Billions of Dollars in untapped resouce and will make POU a $60 dollar stock.

IMHO
Comment by joeblows on Nov 04, 2023 2:07am
This post has been removed in accordance with Community Policy
Comment by Sugaree on Nov 13, 2023 12:23pm
Honeypot, What the heck is going on with your beloved POU, is this a screaming buy, or is this tanking justified? Honestly, I am perplexed.
Comment by lewp on Nov 13, 2023 3:30pm
i am wondering the same thing