Operator · Duvernay Shale & Montney Shale
Paramount Resources Ltd.
24 articles mentioning Paramount Resources Ltd. · Page 1 of 2
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 set a 2026 capital budget of $1,050 million...
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 million and $260 million, excluding land acquisitions and...
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 liquids) in the first quarter. At Wapiti, second...
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 2020 was impacted by three separate outages (two...
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 mid-point from the originally planned range of $350...
Paramount Resources Taps New CFO
Paramount Resources announced the appointment of Paul Kinvig to the role of Chief Financial Officer. About Kinvig Paul has most recently served as Paramount’s Vice President Finance, Capital Markets and has held roles of increasing responsibility...
Paramount Talks Fourth Quarter 2019 Results; 2020 Guidance
Paramount Resources Ltd. reported its fourth quarter 2019 results. Highlights: Annual sales volumes averaged 82,394 Boe/d (39 percent liquids) in 2019. Fourth quarter 2019 sales volumes averaged 85,411 Boe/d (42 percent liquids).(1) Cash from operating activities...
2020 Canadian E&P Capex, Well Count Tracker By Company; Down 10% Y/Y
Canadian E&Ps have begun to provide guidance on 2020 programs. We started the US E&P 2020 CapEx Tracker, now we are adding the Canada E&P 2020 Capex Tracker. Last updated : 2/5/2020 As you can see...
Paramount Resources Details Q3 2019 Results
Paramount Resources reported its Q3 2019 results. Highlights: Paramount's sales volumes averaged 81,046 Boe/d in the third quarter of 2019, relatively unchanged from the second quarter. Third quarter liquids sales volumes, however, increased 1,441 Bbl/d to...
Paramount Resources Talks Q2 Well IPs in the Duvernay, Montney
Paramount Resources has detailed its Q2 2019 results. Highlights: Sales volumes averaged 81,793 Boe/d (37 percent liquids) in the second quarter of 2019. Paramount's second quarter netback was $82.1 million compared to $115.7 million in the...
Paramount Resources Reports Q1 2019 Results
Paramount Resources reported its Q1 2019 results. Highlights: Sales volumes averaged 81,296 Boe/d (37 percent liquids) in the first quarter of 2019. Paramount’s netback increased 61 percent to $115.7 million in the first quarter of 2019...
Paramount Touts First 'High Intensity' Montney Completion in Q2; Talks Duvernay Ops
Paramount Resources reported its Q2 2018 results. Highlights: Q2 production averaged 86,741 Boe/d in the second quarter of 2018 (down -6% from 1Q18) Liquids sales volumes averaged 31,057 Bbl/d and constituted 77% of total revenue. The...
Paramount's Production Skyrockets Over 700% in Q4 2017; 95.4 MBOEPD
Paramount Resources detailed its 2017 results for Canada including drilling activity in the Duvernay, Montney and Cardium plays of Alberta.
Paramount Reports Completion of Transactions in Q3; Gives Preliminary Plan for 2018
Paramount released its Q3 2017 results where it discussed highlights from the quarter as well as preliminary 2018 plans. Highlights include: Average sales volumes from Q3 were 49,023 boe/d (40% liquids) Capital expenditures in Q3 were...
Montney Operator to Double CapEx in 2018; Plan 75 Wells
Fresh off its acquistion of Trilogy, Paramount Resources provided a glimpse into its 2018 Plans. The plan calls for $600 million in Capex to be split 68% and 23% between the Montney and Duvernay respectively. Grande...
Montney E&P's 2-Mile Lateral Flows 1300 Bbl/d; Plans To Double Spending in 2017
Paramount provided some update to hits drilling & completion activities at the Karr-Gold Creek asset. The Company is drilling longer horizontal Montney wells with higher intensity completions in its 2016/2017capital program at Karr-Gold Creek. The Company...
Paramount's Credit Facility Renewed at $350 Million
Paramount Resources Ltd. announces the closing of the annual renewal of its bank credit facility.
Paramount Resources Spending $400 MM in Deep Basin
2015 capital budget totals $400 million, focused on the Company's Deep Basin development.
Paramount Stands Out in the Montney; Touts Prolific Gas Returns
Paramount Resources has detailed their operations in the Montney, showing the typecurve and well economics for their wells targeting this zone.
Strategic Adds Director to Board
"We are delighted to welcome Jim Riddell in his new capacity to Strategic," said Gurpreet Sawhney.