Paramount Resources Ltd. is pleased to announce its first quarter 2024 financial and operating results, highlighted by strong contributions from its Duvernay developments at Kaybob North and Willesden Green. The Company is also pleased to announce that it is increasing its regular monthly dividend by 20% from $0.125 per class A common share to $0.15 per Common Share beginning May 2024. HIGHLIGHTS First quarter sales [...]
This press release is being issued pursuant to section 5.2 of National Instrument 62-104 -Take-Over Bids and Issuer Bids. Paramount Resources Ltd. announces that it sold 6,000,000 common shares of NuVista Energy Ltd. on April 11, 2024 by means of a block trade through the facilities of the TSX . Paramount received $12.50 per NuVista Share for aggregate cash consideration of $75,000,000. The NuVista Shares disposed of [...]
Paramount Resources 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 April 30, 2024 to shareholders of record on April 15, 2024. 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 [...]
Paramount Resources Ltd. is pleased to announce its 2023 annual financial and operating results, highlighted by record production, and a $47 million non-core asset disposition. The Company is also providing a production update and revised 2024 guidance. 2023 HIGHLIGHTS The Company achieved record annual sales volumes of 96,393 Boe/d in 2023. Sales volumes in the fourth quarter were 101,348 Boe/d , of which 72,860 Boe/d [...]
Paramount Resources 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 February 29, 2024 to shareholders of record on Feb 15, 2024. 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 [...]
Paramount Resources Ltd. is pleased to provide an update on its recent Duvernay development activities and preliminary estimates of its fourth quarter sales volumes and 2023 annual capital expenditures. DUVERNAY DEVELOPMENT UPDATE Willesden Green Duvernay The Company successfully commissioned the liquids handling expansion of its Leafland natural gas processing plant at Willesden Green in December. The expansion was [...]
Paramount Resources 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 Jan 31, 2024 to shareholders of record on Jan 15, 2024. 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 [...]
Paramount Resources 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 Dec 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 [...]
Paramount Resources Ltd. 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 Third quarter sales volumes averaged 98,644 Boe/d , a quarterly record. Grande Prairie Region [...]
Paramount Resources 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 Oct 31, 2023 to shareholders of record on Oct 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 [...]
Paramount Resources 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. About Paramount Paramount is an independent, publicly traded, liquids-rich natural gas focused Canadian energy [...]
Paramount Resources Ltd. is pleased to announce second quarter 2023 financial and operating results. HIGHLIGHTS Second quarter sales volumes averaged 88,243 Boe/d , reflecting an estimated 12,000 Boe/d impact of the Alberta wildfires. Grande Prairie Region sales volumes averaged 66,950 Boe/d . Despite the wildfires, Karr achieved record quarterly sales volumes of approximately 44,000 Boe/d and Grande Prairie Region sales [...]