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Paramount Resources Ltd (POU.TO)

POU.TO on Toronto Stock Exchange

17.11CAD
15 Dec 2017
Change (% chg)

$0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

Paramount Resources reports qtrly ‍FFO per share $0.40​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Paramount Resources Ltd :Paramount Resources Ltd announces third quarter 2017 results; 2018 production and capital guidance; October 2017 sales volumes exceed 98,000 boe/d.Paramount Resources Ltd qtrly ‍FFO per share $0.40​.Paramount Resources Ltd - ‍average sales volumes for Q4 are expected to exceed 95,000 boe/d, with greater than 38 percent liquids volumes​.Says ‍average sales volumes for Q4 are expected to exceed 95,000 boe/d, with greater than 38 percent liquids volumes​.Says ‍Paramount's Q3 2017 sales volumes averaged 49,023 boe/d (40 percent liquids)​.Paramount Resources Ltd - ‍expects sales volumes to average approximately 100,000 boe/d in 2018, including 40 percent liquids volumes​.Paramount Resources Ltd - ‍capital expenditures for 2018 are expected to be approximately $600 million​.Paramount Resources Ltd - ‍in 2018 company plans to drill between 70 and 75 net development wells and complete up to 55 of those net wells​.Paramount Resources Ltd - estimates about $130 million of capital will be spent in Q4, bringing total projected annual spending for 2017 to about $510 million​.Paramount Resources Ltd - ‍also intends to spend approximately $28 million on abandonment and suspension activities in 2018​.  Full Article

Paramount Resources Ltd says 2017 sales volumes projected to average approx. 20,000 boe/d
Wednesday, 15 Feb 2017 

Paramount Resources Ltd : Paramount resources ltd. Provides operational update and preliminary 2017 outlook . Paramount resources ltd - paramount's 2017 capital program is expected to total approximately $325 million . Paramount resources ltd - sales volumes in 2017 are projected to average approximately 20,000 boe/d . Paramount resources ltd - sales volumes are expected to average over 30,000 boe/d in q4 of 2017 . Paramount resources - in sept 2017, karr-gold creek sales volumes are anticipated to be impacted by planned shut-down of third party gas processing plant . Paramount resources ltd - annual operating costs for 2017 are anticipated to average approximately $10.00 per boe .Paramount resources - q4 2017 operating costs are expected to be lower than in first part of year because of ramp-up in production volumes at karr-gold creek.  Full Article

Paramount resources ltd. announces a normal course issuer bid
Tuesday, 11 Oct 2016 

Paramount Resources Ltd : Paramount Resources Ltd. Announces a normal course issuer bid . Paramount Resources Ltd says paramount may purchase up to 5.4 million common shares under NCIB .Paramount Resources Ltd says NCIB will commence on October 13, 2016 and will terminate on earlier of October 12, 2017.  Full Article

Paramount Resources monetizes part of its Seven Generations' share
Friday, 23 Sep 2016 

Paramount Resources Ltd : Announces the monetization of part of its Seven Generations Energy Ltd shares and provides operational update . Has received approximately $310 million in cash and will realize balance of proceeds in late December 2016 .Has monetized aggregate of 24.7 million 7g shares through sale transactions for gross proceeds of approximately $735 million.  Full Article

Paramount Resources says entered $100 mln secured revolving credit facility
Thursday, 18 Aug 2016 

Paramount Resources Ltd : Paramount Resources Ltd announces closing of Musreau / Kakwa asset sale to Seven Generations . Repaid all outstanding indebtedness (being approximately $230 million) under its prior $350 million revolving credit facility .Entered into a new $100 million secured revolving credit facility with a Canadian Chartered bank.  Full Article

Paramount Resources has extended consent solicitation for its 2019 notes
Tuesday, 16 Aug 2016 

Paramount Resources Ltd : Paramount resources ltd. Announces that it has extended the consent solicitation for its 2019 notes . Minimum acceptance condition remains $100 million principal amount of notes , consent fee remains at $5.00 per $1,000 principal amount of notes .Extended expiry time of consent solicitation to holders of its senior unsecured notes due 2019 to august 17, 2016.  Full Article

Paramount Resources obtains shareholder approval for asset sale to Seven Generations Energy
Monday, 15 Aug 2016 

Paramount Resources Ltd : Paramount Resources Ltd obtains shareholder and regulatory approvals for its Musreau/Kakwa asset sale to Seven Generations Energy Ltd . Sale transaction is expected to be completed on August 18, 2016 .More than 99 pct of votes cast by shareholders at shareholder meeting on Aug. 15 was in favour of sale transaction.  Full Article

Paramount resources reported Q2 EPS ($0.29)
Friday, 5 Aug 2016 

Paramount Resources LTD : Qtrly total sales volumes 40,890 BOE/D versus 42,604 BOE/D . Q2 earnings per share view c$-0.36 -- Thomson Reuters I/B/E/S .Qtrly loss per share $0.29.  Full Article

Paramount Resources posts qtrly net loss per share $0.29
Friday, 5 Aug 2016 

Paramount Resources Ltd : Paramount announces second quarter 2016 results . Qtrly FFO loss per share $0.05 . Qtrly net loss per share $0.29 . Qtrly total sales volumes 40,890 boe/d versus 42,604 boe/d .Q2 earnings per share view c$-0.36 -- Thomson Reuters I/B/E/S.  Full Article

Executive chairman of Paramount Resources buys 3.6 mln Class A shares of co
Wednesday, 13 Jul 2016 

Clayton H. Riddell: Clayton Riddell, executive chairman of Paramount Resources Ltd acquired 3.6 million Class A common shares of co .Following acquisition, Riddell owns and/or controls an aggregate of 44.7 million common shares of Paramount Resources Ltd.  Full Article

BRIEF-Paramount Resources reports qtrly ‍FFO per share $0.40​

* Paramount Resources Ltd announces third quarter 2017 results; 2018 production and capital guidance; October 2017 sales volumes exceed 98,000 boe/d