Paramount Resources Ltd.

Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.05 per common share that will be payable on April 30, 2025 to shareholders of record on April 15, 2025. 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 [...]

Paramount Resources Ltd. is pleased to announce its 2024 annual financial and operating results. RECENT EVENTS On January 31, 2025, Paramount closed the sale of its Karr, Wapiti and Zama properties to a wholly-owned subsidiary of Ovintiv Inc. for cash proceeds of approximately $3.3 billion, after adjustments, plus certain Horn River Basin properties of Ovintiv . The Company used a portion of the proceeds of the Grande [...]

Paramount Resources Ltd. is pleased to announce: the closing of its previously announced asset disposition to Ovintiv Inc. ; the declaration of a special cash distribution of $15.00 per class A common share ; the entering into of an amended $500 million four-year financial covenant-based revolving bank credit facility; estimated fourth quarter sales volumes and annual 2024 capital expenditures; additional details [...]

Paramount Resources Ltd. is pleased to announce that the holders of its class A common shares have today approved a special resolution authorizing a reduction in the stated capital of the Common Shares to enable the Company to make a return of capital in cash to the Shareholders. The special resolution was approved by the holders of 112,331,957 Common Shares, representing 97.29% of the 115,462,624 votes cast. The Company [...]

Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per common share that will be payable on January 31, 2025 to shareholders of record on January 15, 2025. 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 [...]

Paramount Resources Ltd. is pleased to announce its plans, subject to shareholder approval, for a $15.00 per share special distribution to the holders of its class A common shares following the closing of its previously announced asset disposition to Ovintiv Inc. . The Company is also pleased to announce its expected post-Transaction monthly dividend policy and 2025 capital expenditure and production guidance. When it [...]

Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per common share that will be payable on December 31, 2024 to shareholders of record on December 16, 2024. 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 [...]

Paramount Resources Ltd. is pleased to announce that it has entered into a purchase and sale agreement with Ovintiv Inc. and one of its wholly-owned subsidiaries pursuant to which Ovintiv will acquire Paramount's Karr, Wapiti and Zama properties for $3.325 billion in cash plus certain Horn River Basin properties of Ovintiv . The Assets include approximately 170 net sections of Montney lands with 114 MMBoe of proved [...]

Paramount Resources Ltd. is pleased to announce its third quarter 2024 financial and operating results. HIGHLIGHTS Third quarter sales volumes averaged 94,892 Boe/d . Grande Prairie Region sales volumes averaged 67,635 Boe/d . The planned turnaround at the Wapiti natural gas processing plant and related full Wapiti production outage commenced in mid-September, five days earlier than expected. Prior to the turnaround [...]

Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.15 per common share that will be payable on October 31, 2024 to shareholders of record on October 15, 2024. 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 [...]