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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 > National and Global Petroleum Assessment
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Post by MyHoneyPot on Jan 26, 2024 10:20am

National and Global Petroleum Assessment

Using a geology-based assessment methodology, the U.S. Geological Survey estimated undiscovered, technically recoverable mean resources of 135.4 trillion cubic feet of continuous gas in Devonian–Mississippian shales in the Horn River Basin, Cordova Embayment, and Liard Basin of Canada.

LINK TO ARTICLE

To own a resource of this size, the question is will it ever get developed.

IMHO
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