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Paramount Resources Ltd (POU.TO)

POU.TO on Toronto Stock Exchange

15.78CAD
27 Mar 2017
Change (% chg)

$0.13 (+0.83%)
Prev Close
$15.65
Open
$15.48
Day's High
$15.81
Day's Low
$15.06
Volume
253,242
Avg. Vol
321,168
52-wk High
$19.25
52-wk Low
$5.79

Latest Key Developments (Source: Significant Developments)

Paramount Resources Q4 2016 sales volumes averaged 11,901 boe/d
Thursday, 9 Mar 2017 07:00am EST 

Paramount Resources Ltd : Paramount resources ltd - q4 2016 sales volumes averaged 11,901 boe/d . Paramount resources ltd - paramount's sales volumes averaged approximately 16,000 boe/d for month of february 2017 . Paramount resources - hedged 2,000 bbl/d of liquids at an average wti price of c$70.43/bbl and 1,000 bbl/d of liquids at a wti price of us$54.50/bbl for 2017 . Paramount resources ltd - company has also locked in us$3.4 million of gains on natural gas hedging contracts that will be received over remainder of 2017. . Paramount resources ltd. Announces 2016 results: karr-gold creek p+p reserves increase 194 percent to 84.3 mmboe; 2017 annual sales volumes projected to average approximately 20,000 boe/d .Paramount resources- for karr-gold creek by end of 2017, co expects to have completed up to 22 of 27 wells, remaining wells to be completed in 2018.  Full Article

Paramount Resources Ltd announces that its senior unsecured notes due 2019 will be redeemed
Thursday, 17 Nov 2016 05:46pm EST 

Paramount Resources Ltd : Paramount Resources Ltd announces that its senior unsecured notes due 2019 will be redeemed . Paramount Resources Ltd says redemption price will be 102.542% of principal amount of 2019 notes redeemed . Paramount Resources says will redeem all of its outstanding 7.625% senior unsecured notes due 2019 in aggregate principal amount of $286.6 million on Dec. 19 .Paramount Resources says co will pay aggregate redemption price plus accrued & unpaid interest on notes to, but excluding, redemption date with cash on hand.  Full Article

Paramount resources ltd. announces a normal course issuer bid
Tuesday, 11 Oct 2016 07:00am EDT 

Paramount Resources Ltd : Paramount Resources Ltd. Announces a normal course issuer bid . Paramount Resources Ltd says paramount may purchase up to 5.4 million common shares under NCIB .Paramount Resources Ltd says NCIB will commence on October 13, 2016 and will terminate on earlier of October 12, 2017.  Full Article

Paramount Resources monetizes part of its Seven Generations' share
Friday, 23 Sep 2016 02:27am EDT 

Paramount Resources Ltd : Announces the monetization of part of its Seven Generations Energy Ltd shares and provides operational update . Has received approximately $310 million in cash and will realize balance of proceeds in late December 2016 .Has monetized aggregate of 24.7 million 7g shares through sale transactions for gross proceeds of approximately $735 million.  Full Article

Paramount Resources says entered $100 mln secured revolving credit facility
Thursday, 18 Aug 2016 11:21am EDT 

Paramount Resources Ltd : Paramount Resources Ltd announces closing of Musreau / Kakwa asset sale to Seven Generations . Repaid all outstanding indebtedness (being approximately $230 million) under its prior $350 million revolving credit facility .Entered into a new $100 million secured revolving credit facility with a Canadian Chartered bank.  Full Article

Paramount Resources has extended consent solicitation for its 2019 notes
Tuesday, 16 Aug 2016 01:22pm EDT 

Paramount Resources Ltd : Paramount resources ltd. Announces that it has extended the consent solicitation for its 2019 notes . Minimum acceptance condition remains $100 million principal amount of notes , consent fee remains at $5.00 per $1,000 principal amount of notes .Extended expiry time of consent solicitation to holders of its senior unsecured notes due 2019 to august 17, 2016.  Full Article

Paramount Resources obtains shareholder approval for asset sale to Seven Generations Energy
Monday, 15 Aug 2016 01:56pm EDT 

Paramount Resources Ltd : Paramount Resources Ltd obtains shareholder and regulatory approvals for its Musreau/Kakwa asset sale to Seven Generations Energy Ltd . Sale transaction is expected to be completed on August 18, 2016 .More than 99 pct of votes cast by shareholders at shareholder meeting on Aug. 15 was in favour of sale transaction.  Full Article

Paramount resources reported Q2 EPS ($0.29)
Friday, 5 Aug 2016 07:00am EDT 

Paramount Resources LTD : Qtrly total sales volumes 40,890 BOE/D versus 42,604 BOE/D . Q2 earnings per share view c$-0.36 -- Thomson Reuters I/B/E/S .Qtrly loss per share $0.29.  Full Article

Paramount Resources posts qtrly net loss per share $0.29
Friday, 5 Aug 2016 07:00am EDT 

Paramount Resources Ltd : Paramount announces second quarter 2016 results . Qtrly FFO loss per share $0.05 . Qtrly net loss per share $0.29 . Qtrly total sales volumes 40,890 boe/d versus 42,604 boe/d .Q2 earnings per share view c$-0.36 -- Thomson Reuters I/B/E/S.  Full Article

Executive chairman of Paramount Resources buys 3.6 mln Class A shares of co
Tuesday, 12 Jul 2016 03:46pm EDT 

Clayton H. Riddell: Clayton Riddell, executive chairman of Paramount Resources Ltd acquired 3.6 million Class A common shares of co .Following acquisition, Riddell owns and/or controls an aggregate of 44.7 million common shares of Paramount Resources Ltd.  Full Article

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