Paramount Resources Ltd.

CALGARY, AB, Sept. 1, 2021 /CNW/ - Paramount Resources Ltd. is pleased to announce that its Board of Directors has declared a cash dividend of $0.02 per Common Share that will be payable on September 30, 2021 to shareholders of record on September 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. ABOUT PARAMOUNT Paramount is an independent, publicly traded [...]

HIGHLIGHTS Sales volumes averaged 79,995 Boe/d in the second quarter of 2021, ahead of the Company's guidance of 77,000 Boe/d to 78,000 Boe/d , driven by continued outperformance at Karr. Sales volumes at Karr averaged 38,679 Boe/d in the second quarter, ahead of expectations and approximately 5,500 Boe/d higher than first quarter production, despite a seven-day scheduled curtailment at the third-party 6-18 facility in [...]

Paramount Resources Ltd. is pleased to announce the implementation of a monthly dividend program with respect to its class A common shares . The Board of Directors has declared an inaugural cash dividend of $0.02 per Common Share that will be payable on July 30, 2021 to shareholders of record on July 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. While the Company [...]

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 4,000,000 common shares of Canadian Premium Sand Inc. at a price of $0.25 per Common Share for aggregate consideration of $1,000,000. The acquisition was made as part of a private placement of an aggregate of 20,799,200 Common Shares completed by CPS on June 15 [...]

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 103,951,126 99.93% 69,800 0.07% James Bell 103,455,770 99.46% 565,156 0.54% Wilfred Gobert 101,488,593 97.57% 2,532,333 2.43% Dirk Jungé 103,848,141 99.83% 172,785 0.17% Kim Lynch Proctor 103,945,519 99.93% 75,407 [...]

HIGHLIGHTS Sales volumes averaged 80,540 Boe/d in the first quarter of 2021, well ahead of the Company's first half 2021 production guidance of 74,000 Boe/d to 76,000 Boe/d due to significant outperformance at Karr as well as higher than expected field reliability corporately. Sales volumes at Karr averaged 33,230 Boe/d in the quarter compared to 26,914 Boe/d in the fourth quarter of 2020. This increase was driven by [...]

CALGARY, AB, March 3, 2021 /CNW/ - HIGHLIGHTS Annual sales volumes averaged 68,340 Boe/d in 2020. Fourth quarter 2020 sales volumes averaged 73,460 Boe/d , ahead of guidance of 70,000 to 72,000 Boe/d. Fourth quarter sales volumes at Karr, which benefitted from bringing onstream the five-well 5-16 West pad in November, averaged 26,914 Boe/d , compared to 19,246 Boe/d in the third quarter. Fourth quarter sales volumes at [...]

Paramount Resources Ltd. is pleased to report that fourth quarter 2020 sales volumes averaged approximately 73,000 Boe/d , ahead of guidance of 70,000 Boe/d to 72,000 Boe/d. December 2020 sales volumes averaged approximately 78,000 Boe/d . At Karr, fourth quarter sales volumes benefitted from the addition of five new wells at the 5-16 West pad, which were brought onstream through permanent facilities in November. Lease [...]

Paramount Resources Ltd. is pleased to announce amendments to its senior secured revolving bank credit facility to remove prior conditions on Facility availability in excess of $900 million. As a result, the full $1.0 billion Facility capacity is now available. Concurrent with the amendments, and to provide further liquidity, the Company completed a private placement of $35 million of senior unsecured convertible [...]

Paramount Resources Ltd. is pleased to announce the release of its inaugural ESG Report as part of its ongoing commitment to sustainable resource development, environmental stewardship and the well being of its employees and the communities in which we operate. The ESG Report highlights many of the Company's recent achievements, including a 45% reduction in combined Scope 1 and 2 greenhouse gas emissions and a 40 [...]