Bullboard - Stock Discussion Forum Paramount Resources Ltd T.POU

Alternate Symbol(s): PRMRF

Energy Oil & Gas E&P

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

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TSX:POU - Post Discussion

Paramount Resources Ltd > Large Resource Plays - Lots in the Hopper

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Post by MyHoneyPot on Sep 04, 2024 10:10am

Large Resource Plays - Lots in the Hopper

Willesden Green Duvernay Overview (249,000 Net Acres)
Sinclair Montney (106,000 Net Acres )
Grand Prairie (109,000 Net Acres)

Size matters on this plays, and Sinclair was put together without fanfare and over time. POU is always creating value every day, but seldom is it make public like this. Likely because of all the agreements put in place for transportation, it will suddenly appear of POU Stage of Development Chart.

POU is also ramping up production towards the end of 2024, with 2025 a new gas plant at Wilesden Green.

POU should produce between 109,000 and 121,000 boe/day.

POU has one of the best balance sheet in this space, and the future is only getting brighter with Mega Montney and Mega Durvernay Plays.

MHP

IMHO

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