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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 > POU - Loads of Opportunity.
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Post by MyHoneyPot on Feb 12, 2024 12:07pm

POU - Loads of Opportunity.

Willesden Green (240,000 acres)

POU primarly owns the East Duvernay, and no one else in the area has a land base with 240,000 acres under development. The big upside here is that well POU is building infastructure, they is not a lot of midstreamer activiety or other major competion. 

So 240,000 acres with the opportunity to grow, but the play already has a 50,000 boe footprint with a life of 25 years. 

Liard/Horn River

Not only is POU operator of a field that potential is one of the 10 best gas fields in the world, they have a partner with the capital to build LNG terminals, and with 50% ownership in the field, a partner with greater than 60 billion dollar market cap. 

The partnerhp owns the only gas pipeline to the area, and i expect big things to come from here. 

IMHO
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