Paramount Resources – Oil & Gas 360

Ovintiv strengthens portfolio with core oil-rich Montney asset acquisition

November 14, 2024

(Oil & Gas 360) – Transaction to Significantly Expand Existing Montney Premium Oil Inventory, Company to Exit Uinta Basin with Asset Sale Highlights: Agreement reached to acquire approximately 109,000 net acres and approximately 70 thousand barrels of oil equivalent per day (“MBOE/d”) in the core of the Alberta Montney for $2.377 billion (C$3.325 billion) Acquisition will add approximately 900 total

Paramount Resources Ltd. announces Q1 2021 results, increased production guidance, preliminary 2022 guidance, fully funded Wapiti ccceleration and $77 million non-core disposition

May 5, 2021

Paramount Resources Ltd. Announces Q1 2021 Results, Increased Production Guidance, Prelim…

Paramount Resources Ltd. announces amended credit facility

June 30, 2020

Oil and Gas 360 CALGARY, AB, June 30, 2020 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce that it has successfully completed amendments to its senior secured revolving bank credit facility (the “Facility”) with the unanimous support of its nine-bank syndicate. The amendments include a full waiver of the Senior Secured Debt to Consolidated EBITDA

Paramount Resources Ltd. announces renewal of normal course issuer bid

January 2, 2020

Oil and Gas 360 CALGARY, Jan. 2, 2020 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX:POU) announces that its board of directors has approved the implementing of a normal course issuer bid (“NCIB”). A Notice of Intention to make a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange (the “TSX”). Paramount is implementing

Paramount Resources Closes Sale of Karr 6-18 Nat Gas Facility

August 2, 2019

By Tyler Losier, Energy Reporter, Oil & Gas 360 Paramount Resources completes divestiture of its Karr 6-18 facility to CSV Midstream Solutions Paramount Resources Limited, a liquids-focused independent E&P based in Calgary, has completed the sale of its Karr 6-18 natural gas facility to CSV Midstream Solutions for a total of approximately $470 million. The consideration includes approximately $330 million

Strath Acquires $340 Million of Paramount’s Assets

June 15, 2018

Strath Resources Ltd. (“Strath”) is pleased to announce that it has reached an agreement with Paramount Resources Ltd. (“Paramount”) for the acquisition of Paramount’s assets in the Resthaven/Jayar area of the Kakwa region for total consideration of $340 million. Acquisition Highlights 201 sections of land (152 net) with multi-zone potential, including 77 sections of Montney rights (75 net) 62 mmcf/d

Apache Makes its Exit from Canada

July 7, 2017

Apache Corporation (APA) will finish exiting its Canada operations following the closing of a sale of three sets of assets. The sale was comprised of a slate of properties in Alberta and British Columbia to Paramount Resources (ticker: POU); the sale of its Provost assets in Alberta to an undisclosed private company; and the sale of its Midale and House

Paramount Resources Reports Q2 Results

August 6, 2015

Paramount Resources Ltd. Announces Second Quarter 2015 Results; Sales Volumes Increase 107% to 42,604 Boe/d; Liquids Sales Volumes Increase 320% to 16,877 Bbl/d OIL AND GAS OPERATIONS Second quarter 2015 sales volumes were 42,604 Boe/d, 107 percent higher than the second quarter of 2014, despite transportation curtailments and processing facility outages in May and June. Sales volumes averaged approximately 50,000

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