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, 2023 to shareholders of record on Jan 16, 2023. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
Paramount Resources Ltd. is pleased to announce that it has entered into an agreement with an affiliate of Crescent Point Energy Corp. for the sale of its Kaybob Smoky and Kaybob South Duvernay properties and certain other minor interests in the Kaybob Region for cash consideration of $375 million prior to adjustments . Disposition The Assets include approximately 114 gross sections of land, with 7.2 MMBoe of proved [...]
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 30, 2022 to shareholders of record on Dec 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
Paramount Resources Ltd. is pleased to announce third quarter 2022 financial and operating results highlighted by record production, funds flow and free cash flow and a 2023 capital expenditure budget that is forecast to generate approximately $650 million in free cash flow on production of between 105,000 Boe/d and 110,000 Boe/d . Paramount is also pleased to announce that it is increasing its regular monthly dividend by [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.10 per common share that will be payable on Oct 31, 2022 to shareholders of record on Oct 17, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both [...]
Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.10 per common share that will be payable on September 29, 2022 to shareholders of record on September 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. The Company is also pleased to announce the closing of its previously announced $68.5 million Willesden Green [...]
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. has acquired 5,593,785 units of Canadian Premium Sand Inc. at a price of $0.30 per Unit for aggregate consideration of $1,678,135.50. Each Unit was comprised of one common share of CPS and one warrant . Each Warrant is exercisable to acquire one Common Share an exercise price [...]
Paramount Resources Ltd. is pleased to announce its second quarter 2022 financial and operating results, updated guidance, a highly complementary $68.5 million Duvernay acquisition in its Willesden Green core area and a $63.0 million non-core infrastructure disposition. HIGHLIGHTS Sales volumes in July 2022 averaged an estimated 92,000 Boe/d as production ramped-up following major turnarounds at third-party processing [...]
Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.10 per Common Share that will be payable on July 29, 2022 to shareholders of record on July 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for [...]
Paramount Resources Ltd. is pleased to announce that the Toronto Stock Exchange has accepted the Company's notice to renew its normal course issuer bid for its class A common shares . The renewal of the NCIB provides the Company with the continued flexibility to increase shareholder returns through the repurchase of Common Shares at times when management believes that the market price of the Common Shares does not reflect [...]
Paramount Resources is pleased to announce that its Board of Directors has declared a cash dividend of $0.10 per Common Share that will be payable on June 30, 2022 to shareholders of record on June 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. About Paramount Paramount is an independent, publicly traded, liquids-focused Canadian energy company that explores for and [...]
Paramount Resources Ltd. announces that the following eight director nominees were elected at today's annual general meeting of shareholders: VOTES FOR VOTES WITHHELD Number Percent Number Percent James Riddell 110,779,062 99.84% 174,571 0.16% James Bell 98,637,438 88.90% 12,316,195 11.10% Wilfred Gobert 99,317,473 89.51% 11,636,160 10.49% Dirk Jungé 96,314,126 86.81% 14,639,507 13.19% Kim Lynch Proctor 99,547,765 89.72 [...]