CALGARY, AB, Dec. 1, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.125 per common share that will be payable on December 29, 2023 to shareholders of record on December 15, 2023.  The dividend will be designated as an “eligible dividend” for Canadian income tax purposes. 

ABOUT PARAMOUNT

Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and … Continue Reading

CALGARY, AB, Nov. 2, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce its third quarter 2023 financial and operating results, which included record production, and an expansion of its Montney acreage in the Grande Prairie Region. The Company is also pleased to announce its 2024 capital expenditure budget and guidance and five-year outlook.

HIGHLIGHTS

CALGARY, AB, Oct. 2, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX:POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.125 per common share that will be payable on October 31, 2023 to shareholders of record on October 16, 2023.  The dividend will be designated as an “eligible dividend” for Canadian income tax purposes. 

Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development … Continue Reading

CALGARY, AB, Sept. 1, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.125 per common share that will be payable on September 29, 2023 to shareholders of record on September 15, 2023. The dividend will be designated as an “eligible dividend” for Canadian income tax purposes. 

Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and … Continue Reading

CALGARY, AB, Aug 2, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce second quarter 2023 financial and operating results.

HIGHLIGHTS

CALGARY, AB, July 4, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to advise that it has successfully restored all but approximately 2,500 Boe/d of the production that had been curtailed as a result of the Alberta wildfires. The Company now expects first half 2023 average sales volumes to be approximately 92,500 Boe/d compared to previous guidance of 96,000 to 101,000 Boe/d. Paramount is working to restore the last of the curtailed production and continues to assess the residual impact of the wildfires arising from interruptions to maintenance and development activities.

Paramount also … Continue Reading

CALGARY, AB, June 1, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to announce the appointment of Ms. Jill McAuley of Calgary, Alberta to its Board of Directors (the “Board”). Ms. McAuley has 19 years of operational and technical experience in the oil and natural gas sector, including senior executive responsibility for corporate strategy, asset development, reservoir management, marketing and forecasting. She was a founder and Senior Vice President of Deltastream Energy Corporation from 2014 until its successful sale in 2022. From 2004 to 2014, Ms. McAuley was an exploitation engineer with an … Continue Reading

CALGARY, AB, May 29, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to advise that it has restored the majority of production that had been temporarily curtailed as a result of the Alberta wildfires. The Company has fully resumed operations in the Grande Prairie Region. Approximately 14,000 Boe/d of production in the Kaybob Region is currently shut-in, with all but 5,000 Boe/d expected to be on production within a week. The remaining 5,000 Boe/d will be restored as facilities and fields are able to be brought back online, which is expected to occur … Continue Reading

CALGARY, AB, May 14, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) advises that, as a result of the further development of the ongoing Alberta wildfires, the third-party Wapiti natural gas processing facility and the Company’s fields producing to the facility were again shut down on the afternoon of May 12. Approximately 45,000 Boe/d of production in the Grande Prairie and Kaybob Regions is now temporarily curtailed. The Company is not aware of any significant damage or loss to material owned or third-party infrastructure at this time.

Paramount continues to work with civil authorities … Continue Reading

CALGARY, AB, May 10, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) is pleased to advise that it has restored 75% of the approximately 50,000 Boe/d of production that had been temporarily curtailed as a result of the Alberta wildfires. With the restart of the third-party Wapiti natural gas processing facility, the Company has fully resumed operations in the Grande Prairie Region. Paramount will bring the remaining curtailed production in the Kaybob Region back online as soon as possible, with ultimate timing dependent on the restoration of power to certain sites and the completion of … Continue Reading

CALGARY, AB, May 7, 2023 /CNW/ – Paramount Resources Ltd. (“Paramount” or the “Company”) (TSX: POU) advises that its operations in the Grande Prairie and Kaybob Regions are being impacted by the ongoing wildfires in those areas.  Paramount has safely evacuated all of its affected personnel. As a result of the precautionary shut-in of fields and operated and third-party infrastructure, approximately 50,000 Boe/d of production has been temporarily curtailed since the evening of May 5. The Company is not aware of any significant damage or loss to material owned or third-party infrastructure. While timing remains uncertain, Paramount is … Continue Reading

CALGARY, AB, May 3, 2023 /CNW/ – Paramount Resources Ltd. (the “Company”) (TSX: POU) announces that the following seven director nominees were elected at today’s annual general meeting of shareholders:

VOTES FOR

VOTES WITHHELD

Number

Percent (%)

Number

Percent (%)

James Riddell

107,985,057

96.40 %

4,031,853

3.60 %

James Bell

110,641,545

98.77 %

1,375,365

1.23 %

Wilfred Gobert

110,867,147

98.97 %

1,149,763

1.03 %

Dirk Jungé

105,620,527

94.29 %

6,396,383

5.71 %

Kim Lynch Proctor

110,925,373

99.03 %

1,091,537

0.97 %

Keith MacLeod

110,938,230

99.04 %

1,078,680

0.96 %

Susan Riddell Rose

102,390,237

91.41 %

9,626,673

8.59 %

In … Continue Reading