Operator · Duvernay Shale & Montney Shale
Paramount Resources Ltd.
Acquired in November 2024 by Ovintiv Inc. The snapshot below reflects historical activity.
About
Exploration & Production
- WebsiteVisit →
- TickerTSE
- AddressCalgary Alberta
- Phone403 290 3600
- Acquired byOvintiv Inc
Acquisition chain
Forward & backward M&A lineage
- Trilogy Energy Corp.
- Paramount Resources Ltd. (this company)
- Ovintiv Inc
- Fourpoint Energy Llc
- Maverick Natural Resources LLC
- Diversified Energy Company plc
Drilling activity
Recent rig presence by basin
Recent activity
Paramount Targets 42% Higher 2026 Capex, More Duvernay Wells
Paramount Resources is stepping up investment in 2026 as it advances the Willesden Green Duvernay (Central Alberta Region) buildout and launches major infrastructure at Sinclair (Montney). The company...
Paramount Resources 2021 Outlook; Q4, Full Year 2020 Results
Paramount Resources reported its Q4/full year 2020 results as well as its 2021 outlook. 2021 Guidance The Company’s capital budget for 2021 is expected to range between $230...
Paramount Resources Second Quarter 2020 Results
Paramount Resources reported its Q2 2020 results. Highlights: Sales volumes averaged 68,839 Boe/d (39 percent liquids) in the second quarter of 2020 compared to 70,022 Boe/d (38 percent...
Paramount Resources First Quarter 2020 Results
Paramount Resources reported its Q1 2020 results. Highlights: Sales volumes averaged 70,022 Boe/d (38 percent liquids) in the first quarter of 2020.(1) Production in the first quarter of...
Paramount Adjusts 2020 Plan; Down 46% to ~$220 Million
Paramount Resources Ltd. has revised its 2020 capital guidance. The company is now slated to spend between $185 million to $250 million, a reduction of approximately 46% at...
Latest news mentioning Paramount Resources Ltd.
Deals
Ovintiv Inc. announced it will acquire Paramount Resources' Montney assets in Alberta for $2.377 billion in cash, adding 70 MBOE/d of…
Strath Resources has agreed to acquire Paramount Resources' assets in the Resthaven/Jayar area of the Kakwa region for total consideration…
In addition to acquiring Canadian assets from Apache, Paramount will acquire Trilogy Energy in an all-stock deal. Highlights: ~188,800 net…
Apache will exit Canada upon completion of the sale of all of its Canadian assets in three separate transactions. Apache has agreed to sell…
Paramount Resources has agreed to sell its oil and gas properties in the Valhalla area of Alberta for cash consideration of approximately…