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Paramount Resources Ltd. (T:POU)

Business Focus: Oil & Gas Exploration and Production (NEC)

Mar 06, 2024 06:00 am ET
Paramount Resources Ltd. Announces 2023 Annual Results, Non-Core Asset Disposition and Revised 2024 Guidance
CALGARY, AB, March 6, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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.
Feb 01, 2024 06:00 am ET
Paramount Resources Ltd. Announces February Dividend
CALGARY, AB, Feb. 1, 2024 /CNW/ -Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 February 15, 2024.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Jan 09, 2024 06:00 am ET
PARAMOUNT RESOURCES LTD. PROVIDES DUVERNAY DEVELOPMENT AND FOURTH QUARTER UPDATES
CALGARY, AB, Jan. 9, 2024 /CNW/ - Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) (TSX: POU) 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.
Jan 02, 2024 06:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES JANUARY DIVIDEND
CALGARY, AB, Jan. 2, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 January 31, 2024 to shareholders of record on January 15, 2024. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Dec 01, 2023 06:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES DECEMBER DIVIDEND
CALGARY, AB, Dec. 1, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 December 15, 2023.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Nov 02, 2023 07:00 am ET
Paramount Resources Ltd. Announces Third Quarter 2023 Results, Expansion of Montney Acreage, 2024 Budget and Five-Year Outlook
CALGARY, AB, Nov. 2, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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.
Oct 02, 2023 07:00 am ET
Paramount Resources Ltd. Announces October Dividend
CALGARY, AB, Oct. 2, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) 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 October 31, 2023 to shareholders of record on October 16, 2023.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Sep 01, 2023 07:00 am ET
Paramount Resources Ltd. Announces September Dividend
CALGARY, AB, Sept. 1, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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. 
Aug 02, 2023 07:00 am ET
Paramount Resources Ltd. Announces Second Quarter 2023 Results
CALGARY, AB, Aug 2, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce second quarter 2023 financial and operating results.
Jul 04, 2023 07:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES PRODUCTION UPDATE, RENEWAL OF NORMAL COURSE ISSUER BID AND JULY DIVIDEND
CALGARY, AB, July 4, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to advise that it has successfully restored all but approximately 2,500 Boe/d of the production that had been curtailed as a result of the Alberta wildfires. The Company now expects first half 2023 average sales volumes to be approximately 92,500 Boe/d compared to previous guidance of 96,000 to 101,000 Boe/d. Paramount is working to restore the last of the curtailed production and continues to assess the residual impact of the wildfires arising from interruptions to maintenance and
Jun 01, 2023 07:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES APPOINTMENT OF DIRECTOR AND JUNE DIVIDEND
CALGARY, AB, June 1, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce the appointment of Ms. Jill McAuley of Calgary, Alberta to its Board of Directors (the "Board"). Ms. McAuley has 19 years of operational and technical experience in the oil and natural gas sector, including senior executive responsibility for corporate strategy, asset development, reservoir management, marketing and forecasting. She was a founder and Senior Vice President of Deltastream Energy Corporation from 2014 until its successful sale in 2022. From 2004 to 2014, M
May 29, 2023 07:00 am ET
PARAMOUNT RESOURCES LTD. PROVIDES PRODUCTION AND WILDFIRE UPDATE
CALGARY, AB, May 29, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to advise that it has restored the majority of production that had been temporarily curtailed as a result of the Alberta wildfires. The Company has fully resumed operations in the Grande Prairie Region. Approximately 14,000 Boe/d of production in the Kaybob Region is currently shut-in, with all but 5,000 Boe/d expected to be on production within a week. The remaining 5,000 Boe/d will be restored as facilities and fields are able to be brought back online, which is expected to occur
May 14, 2023 11:07 pm ET
PARAMOUNT RESOURCES LTD. PROVIDES FURTHER ALBERTA WILDFIRE UPDATE
CALGARY, AB, May 14, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) advises that, as a result of the further development of the ongoing Alberta wildfires, the third-party Wapiti natural gas processing facility and the Company's fields producing to the facility were again shut down on the afternoon of May 12. Approximately 45,000 Boe/d of production in the Grande Prairie and Kaybob Regions is now temporarily curtailed. The Company is not aware of any significant damage or loss to material owned or third-party infrastructure at this time.
May 10, 2023 09:18 pm ET
PARAMOUNT RESOURCES LTD. PROVIDES UPDATE OF ALBERTA WILDFIRE IMPACT
CALGARY, AB, May 10, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to advise that it has restored 75% of the approximately 50,000 Boe/d of production that had been temporarily curtailed as a result of the Alberta wildfires. With the restart of the third-party Wapiti natural gas processing facility, the Company has fully resumed operations in the Grande Prairie Region. Paramount will bring the remaining curtailed production in the Kaybob Region back online as soon as possible, with ultimate timing dependent on the restoration of power to certain si
May 07, 2023 09:41 pm ET
PARAMOUNT RESOURCES LTD. ADVISES OF IMPACT OF ALBERTA WILDFIRES
CALGARY, AB, May 7, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) advises that its operations in the Grande Prairie and Kaybob Regions are being impacted by the ongoing wildfires in those areas.  Paramount has safely evacuated all of its affected personnel. As a result of the precautionary shut-in of fields and operated and third-party infrastructure, approximately 50,000 Boe/d of production has been temporarily curtailed since the evening of May 5. The Company is not aware of any significant damage or loss to material owned or third-party infrastructure. Wh
May 03, 2023 07:30 pm ET
Paramount Resources Ltd. Announces Annual General Meeting Results
CALGARY, AB, May 3, 2023 /CNW/ - Paramount Resources Ltd. (the "Company") (TSX: POU) announces that the following seven director nominees were elected at today's annual general meeting of shareholders:
May 03, 2023 07:00 am ET
Paramount Resources Ltd. Announces First Quarter 2023 Results
CALGARY, AB, May 3, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce first quarter 2023 financial and operating results highlighted by record production in the Grande Prairie Region, an active capital program that will drive second half 2023 production growth and continued strong free cash flow generation.
Apr 03, 2023 07:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES APRIL DIVIDEND
CALGARY, AB, April 3, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 28, 2023 to shareholders of record on April 14, 2023. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Mar 07, 2023 06:00 am ET
Paramount Resources Ltd. Announces Record 2022 Annual Results
CALGARY, AB, March 7, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to report 2022 annual financial and operating results highlighted by record production, adjusted funds flow and free cash flow and substantial reserves additions.
Feb 01, 2023 06:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES FEBRUARY DIVIDEND
CALGARY, AB, Feb. 1, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 28, 2023 to shareholders of record on February 15, 2023. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Jan 11, 2023 04:00 pm ET
Paramount Resources Ltd. Announces Closing of Disposition, Special Dividend and Updated Guidance
CALGARY, AB, Jan. 11, 2023 Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) (TSX: POU) is pleased to announce the closing of the disposition of its Kaybob Smoky and Kaybob South Duvernay properties and a special dividend of $1.00 per class A common share (ʺCommon Shareʺ). The Company is also pleased to provide preliminary estimates of its fourth quarter production and annual 2022 capital expenditures and updates to its 2023 guidance, preliminary 2024 guidance and five-year outlook.
Jan 03, 2023 06:00 am ET
Paramount Resources Ltd. Announces January Dividend
CALGARY, AB, Jan. 3, 2023 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 January 31, 2023 to shareholders of record on January 16, 2023. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Dec 09, 2022 05:45 am ET
Paramount Resources Ltd. Announces $375 Million Asset Sale, Planned Special Dividend and Production Update
CALGARY, AB, Dec. 9, 2022 /CNW/ - Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) (TSX: POU) 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 (the ʺAssetsʺ) for cash consideration of $375 million prior to adjustments (the ʺDispositionʺ). 
Dec 01, 2022 06:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES DECEMBER DIVIDEND
CALGARY, AB, Dec. 1, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 December 15, 2022. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Nov 03, 2022 07:00 am ET
Paramount Resources Ltd. Announces Record Third Quarter 2022 Results, 25% Dividend Increase, 2023 Budget and Five-Year Outlook
CALGARY, AB, Nov. 3, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 (46% liquids).(1)(2)  Paramount is also pleased to announce that it is increasing its regular monthly dividend by 25% from $0.10 per class A common share ("Common Share") to $0.125 per Commo
Oct 03, 2022 07:00 am ET
Paramount Resources Ltd. Announces October Dividend
CALGARY, AB, Oct. 3, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 October 31, 2022 to shareholders of record on October 17, 2022.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Sep 01, 2022 07:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES SEPTEMBER DIVIDEND AND TRANSACTION UPDATE
CALGARY, AB, Sept. 1, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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. 
Aug 03, 2022 06:00 am ET
Paramount Resources Ltd. Announces Second Quarter 2022 Results, Updated Guidance, Complementary Asset Acquisition and Non-Core Infrastructure Disposition
CALGARY, AB, Aug. 3, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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.
Jul 04, 2022 07:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES JULY DIVIDEND
CALGARY, AB, July 4, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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. 
Jun 28, 2022 07:00 am ET
PARAMOUNT RESOURCES LTD. RENEWS NORMAL COURSE ISSUER BID
CALGARY, AB, June 28, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that the Toronto Stock Exchange (the "TSX") has accepted the Company's notice to renew its normal course issuer bid ("NCIB") for its class A common shares ("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 their underlying value. 
Jun 01, 2022 07:00 am ET
Paramount Resources Ltd. Announces June Dividend
CALGARY, AB, June 1, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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. 
May 04, 2022 08:10 pm ET
Paramount Resources Ltd. Announces Annual General Meeting Results
CALGARY, AB, May 4, 2022 /CNW/ - Paramount Resources Ltd. (the "Company") (TSX: POU) announces that the following eight director nominees were elected at today's annual general meeting of shareholders:
May 04, 2022 06:00 am ET
Paramount Resources Ltd. Announces First Quarter 2022 Results, Upwardly Revised Guidance, Increased Dividend and Complementary Asset Acquisition
CALGARY, AB, May 4, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce strong first quarter 2022 financial and operating results, the acceleration of development activities at Karr supporting increased production in 2023 and beyond and a highly complementary $40 million Duvernay acquisition in its Willesden Green core area.  Paramount is also pleased to announce that it is increasing its regular monthly dividend from $0.08 per class A common share ("Common Share") to $0.10 per Common Share beginning May 2022.
Apr 01, 2022 07:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES APRIL DIVIDEND
CALGARY, AB, April 1, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.08 per Common Share that will be payable on April 29, 2022 to shareholders of record on April 14, 2022.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Mar 02, 2022 06:00 am ET
Paramount Resources Ltd. Reports 2021 Annual Results and Increased Dividend and 2022 Guidance
CALGARY, AB, March 2, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to report 2021 annual results that include record adjusted funds flow, continuing capital discipline, increased reserves with strong finding and development costs and recycle ratios and a 47% year-over-year reduction in net debt.  Paramount is also pleased to announce that it is increasing its regular monthly dividend from $0.06 per share to $0.08 per share beginning March 2022 and forecasting higher 2022 production and free cash flow. 
Jan 04, 2022 06:00 am ET
PARAMOUNT RESOURCES LTD. ANNOUNCES JANUARY DIVIDEND
CALGARY, AB, Jan. 4, 2022 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.06 per Common Share that will be payable on January 31, 2022 to shareholders of record on January 17, 2022.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Dec 03, 2021 04:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Composite Index
TORONTO, Dec. 3, 2021 /CNW/ - As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, December 20, 2021:
Dec 01, 2021 06:00 am ET
Paramount Resources Ltd. Announces December Dividend
CALGARY, AB, Dec. 1, 2021 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that its Board of Directors has declared a cash dividend of $0.06 per Common Share that will be payable on December 31, 2021 to shareholders of record on December 15, 2021. The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Nov 04, 2021 06:00 am ET
Paramount Resources Ltd. Announces Third Quarter 2021 Results, Updated 2021 Guidance, 2022 Capital Budget and Guidance and Increased Dividend
CALGARY, AB, Nov. 4, 2021 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce strong third quarter 2021 financial and operating results, upwardly revised 2021 guidance and its approved 2022 capital expenditure budget that is forecast to generate approximately $455 million in free cash flow in 2022 on production of between 90,000 Boe/d and 94,000 Boe/d (46 percent liquids).(1)(2) The Company is also pleased to announce a tripling of its regular monthly dividend from $0.02 to $0.06 per class A common share ("Common Share") effective November 2021.
Oct 13, 2021 05:50 pm ET
Alaris Equity Partners Announces Board Member Appointment
Alaris Equity Partners Income Trust (the “Trust” or “Alaris”) (TSX: AD.UN) is pleased to announce the appointment of Kim Lynch Proctor to the Board of Trustees (the “Board”) effective October 13, 2021. “We are pleased to welcome Kim to the Alaris...
Oct 01, 2021 07:00 am ET
Paramount Resources Ltd. Announces October Dividend
CALGARY, AB, Oct. 1, 2021 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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 October 29, 2021 to shareholders of record on October 15, 2021.  The dividend will be designated as an "eligible dividend" for Canadian income tax purposes. 
Sep 01, 2021 07:30 am ET
Paramount Resources Ltd. Announces September Dividend
CALGARY, AB, Sept. 1, 2021 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) 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. 
Aug 04, 2021 07:00 am ET
Jun 17, 2021 05:00 pm ET
Paramount Resources Ltd. Announces Implementation of Monthly Dividend, Settlement of Strath Dissent and Normal Course Issuer Bid
CALGARY, AB, June 17, 2021 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce the implementation of a monthly dividend program with respect to its class A common shares (the "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 continues to prioritize the allocation of free cash flow to debt reduction,
May 05, 2021 06:44 pm ET
Paramount Resources Ltd. Announces Annual General Meeting Results
CALGARY, AB, May 5, 2021 /CNW/ - Paramount Resources Ltd. (the "Company") (TSX: POU) announces that the following eight director nominees were elected at today's annual general meeting of shareholders:
Mar 03, 2021 06:00 am ET
Feb 08, 2021 06:30 am ET
Paramount Resources Ltd. Provides Production & Operations Update and Announces Non-Core Asset Dispositions
CALGARY, AB, Feb. 8, 2021 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to report that fourth quarter 2020 sales volumes averaged approximately 73,000 Boe/d (42 percent liquids), ahead of guidance of 70,000 Boe/d to 72,000 Boe/d.  December 2020 sales volumes averaged approximately 78,000 Boe/d (43 percent liquids).    
Jan 25, 2021 06:30 am ET
Paramount Resources Ltd. Announces Increased Credit Facility Availability and Issuance of Senior Unsecured Convertible Debentures
CALGARY, AB, Jan. 25, 2021 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce amendments to its senior secured revolving bank credit facility (the "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. 
Dec 17, 2020 06:00 am ET
Paramount Resources Ltd. Releases Inaugural ESG Report
CALGARY, AB, Dec. 17, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) 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% reduction in emissions intensity over the last three years.  The report also provides further details o
Nov 05, 2020 04:00 pm ET
Oct 01, 2020 12:22 am ET
Paramount Resources Ltd. Acquires Common Shares of NuVista Energy Ltd.
This press release is being issued pursuant to section 5.2 of National Instrument 62-104 -Take-Over Bids and Issuer Bids.
Sep 14, 2020 08:09 pm ET
Paramount Resources Ltd. Provides Operations Update and Revised 2020 Guidance
CALGARY, AB, Sept. 14, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to provide an update on its operations and 2020 guidance.
Aug 28, 2020 07:00 am ET
Paramount Resources Ltd. Advises of Unplanned Outage at Keyera Wapiti Gas Plant
Calgary, AB, Aug. 28, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) was notified by Keyera Corp. ("Keyera") on August 17, 2020 of an unplanned outage of the Keyera Wapiti Gas Plant related to an issue with the waste heat recovery system.  On August 27, 2020, Keyera further advised that the extent of the issue is more widespread than previously indicated and that it is now unable to provide a definitive indication of the duration of the outage. 
Aug 17, 2020 07:00 am ET
Paramount Resources Ltd. Provides Update Concerning Strath Resources Ltd. Investment
CALGARY, AB, Aug. 17, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is providing an update concerning its investment in Strath Resources Ltd.  As announced by Waterous Energy Fund, Strath amalgamated with Cona Resources Ltd. on August 14, 2020 to form Strathcona Resources Ltd.  Prior to the amalgamation, Paramount held common shares of Strath and warrants to acquire common shares of Strath that it received in connection with the July 2018 disposition of its Resthaven/Jayar assets to Strath.  In Paramount's view, neither the amalgamation nor the process fo
Aug 06, 2020 07:00 am ET
Jun 30, 2020 07:02 am ET
Paramount Resources Ltd. Announces Amended Credit Facility
CALGARY, AB, June 30, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that it has successfully completed amendments to its senior secured revolving bank credit facility (the "Facility") with the unanimous support of its nine-bank syndicate. 
May 13, 2020 07:00 am ET
May 07, 2020 05:00 pm ET
Paramount Resources Ltd. Announces Annual General Meeting Results
CALGARY, May 7, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that the following eight director nominees were elected at today's annual general meeting of shareholders:
Apr 02, 2020 11:28 am ET
IIROC Trade Resumption - POU
TORONTO, April 2, 2020 /CNW/ - Trading resumes in:
Apr 02, 2020 11:18 am ET
IIROC Trading Halt - POU
TORONTO, April 2, 2020 /CNW/ - The following issues have been halted by IIROC:
Apr 01, 2020 05:00 pm ET
Paramount Resources Ltd. Provides Annual General Meeting Update
CALGARY, April 1, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) announces that the 2020 annual general meeting of its shareholders (the "Meeting") will be held on Thursday, May 7, 2020 at 10:30 a.m. (MDT) at the Company's offices in Calgary, Alberta.  Due to restrictions on mass gatherings implemented by the Government of Alberta in response to the COVID-19 (Coronavirus) outbreak and out of concern for the wellbeing of all participants, shareholders and guests will not be permitted to physically attend the Meeting. 
Mar 19, 2020 07:00 am ET
Paramount Resources Ltd. Announces Reduced Capital Spending and Revised Production Guidance
CALGARY, March 19, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces that, in response to the recent significant decline in global energy prices, it has revised its 2020 capital guidance to a range of $185 million to $250 million, a reduction of approximately 46% at mid-point from the originally planned range of $350 million to $450 million. 
Mar 04, 2020 06:00 am ET
Jan 20, 2020 06:30 am ET
Paramount Resources Ltd. Advises of Unplanned Outage at the Keyera Wapiti Gas Plant
CALGARY, Jan. 20, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) was notified by Keyera Corp. ("Keyera") on January 17, 2020 of an electrical failure within the Keyera Wapiti Gas Plant (the "Plant").  This failure has resulted in an unplanned outage.  Keyera has advised Paramount that it expects the Plant to be repaired and resume operations within approximately two weeks. Paramount is monitoring the situation closely and will provide further updates if necessary in the event that the outage extends for a duration that causes a material impact to Paramount.
Jan 02, 2020 07:30 am ET
Paramount Resources Ltd. Announces Renewal of Normal Course Issuer Bid
CALGARY, Jan. 2, 2020 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces that its board of directors has approved the implementing of a normal course issuer bid ("NCIB").  A Notice of Intention to make a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange (the "TSX").
Dec 05, 2019 06:15 am ET
Sale of Non-Core Assets for $55 million
CALGARY, Dec. 5, 2019 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") is pleased to announce that it has closed the sale of certain natural gas weighted properties in West Central Alberta (the "Assets") for cash consideration of approximately $55 million (the "Transaction"). 
Nov 15, 2019 04:15 pm ET
Paramount Resources Ltd. Completes Flow-Through Share Offering
CALGARY, Nov. 15, 2019 /CNW/ - Paramount Resources Ltd. (ʺParamountʺ or the "Company") is pleased to announce that it has completed a non-brokered private placement of 5,648,499 class A common shares (ʺSharesʺ) at a price of $6.65 per share for total proceeds of $37,562,518. The Shares were issued on a "flow-through" basis in respect of Canadian development expenses. 
Nov 07, 2019 06:00 am ET
Aug 08, 2019 07:00 am ET
Aug 01, 2019 09:37 am ET
Paramount Resources Ltd. Closes the Sale of its Karr 6-18 Natural Gas Facility
CALGARY, Aug. 1, 2019 /CNW/ - Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) is pleased to announce that it has closed the previously announced sale of its Karr 6-18 natural gas facility to CSV Midstream Solutions Corp. for total consideration of approximately $470 million. The consideration received by Paramount included approximately $330 million in cash plus a $140 million capital commitment to fund and complete the expansion of the facility.
Jun 28, 2019 07:00 am ET
Paramount Resources Ltd. Announces the Sale of its Karr 6-18 Natural Gas Facility for Cash and Other Considerations of $470 million
CALGARY, June 28, 2019 /CNW/ - Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) is pleased to announce that it has entered into an agreement with an affiliate of CSV Midstream Solutions Corp. (ʺCSV Midstreamʺ) for the sale of its Karr 6-18 natural gas facility and related midstream assets (the ʺ6-18 Facilityʺ) for total cash consideration of approximately $330 million plus a $140 million capital commitment to fund and complete the associated expansion of the facility (ʺD2ʺ), bringing the total transaction value to $470 million (the ʺMidstream Transactionʺ).
May 08, 2019 04:48 pm ET
Paramount Resources Ltd. Announces Election of Directors
CALGARY, May 8, 2019 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that the following nine director nominees were elected at today's annual general meeting of shareholders:
May 07, 2019 12:58 pm ET
Paramount Resources Ltd. Annual General Meeting of Shareholders to be Webcast
CALGARY, May 7, 2019 /CNW/ - Paramount Resources Ltd. (TSX:POU) ("Paramount") announces that it will be webcasting the Annual General Meeting of shareholders to be held at The Hudson, 6th Floor, 200 – 8th Avenue SW, Calgary, Alberta, at 10:30 AM MDT on Wednesday, May 8, 2019.  To listen to the meeting and view the presentation, please go to the link to the webcast on Paramount's website at:
Mar 07, 2019 06:00 am ET
Jan 02, 2019 08:00 am ET
Paramount Resources Ltd. Announces Renewal of Normal Course Issuer Bid
CALGARY, Jan. 2,  2019 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces that its board of directors has approved the implementing of a normal course issuer bid ("NCIB").  A Notice of Intention to make a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange (the "TSX").
Nov 08, 2018 05:19 pm ET
Sep 16, 2018 08:42 pm ET
Passing of Clayton H. Riddell (1937 - 2018), Paramount's Founder and Chairman
CALGARY, Sept. 16, 2018 /CNW/ - It is with very heavy hearts that we announce the passing of Company founder and Chairman, Clayton (Clay) H. Riddell. Clay passed away peacefully with his family by his side on Saturday, September 15th after a short illness. He was 81.
Aug 08, 2018 06:00 am ET
Aug 02, 2018 05:40 pm ET
Paramount Resources Ltd. Acquires Shares of Claim Post Resources Inc.
CALGARY, Aug. 2, 2018 /CNW/ - Paramount Resources Ltd. ("Paramount") announces that it acquired today ownership and control of 41,390,909 common shares ("CPRI Shares") of Claim Post Resources Inc. ("CPRI") (TSX-V: CPS) at a price of $0.10 per share in connection with a private placement by CPRI over the facilities of the TSX Venture Exchange of 130,000,000 common shares of CPRI for gross proceeds of $13 million. Paramount owns and controls approximately 13.1% of the outstanding CPRI Shares following the placement and did not own or control any CPRI Shares before the placement. In connection
Jul 06, 2018 08:28 am ET
Paramount Resources Ltd. Closes the Sale of its Oil and Gas Properties in Resthaven / Jayar for $340 Million
CALGARY, July 6, 2018 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") is pleased to announce that it has closed the previously announced sale of its oil and gas properties and related infrastructure at Resthaven / Jayar in the Kakwa region (the "Assets") to Strath Resources Ltd. ("Strath").  Consideration received by Paramount totaled $340 million, and included $170 million in cash (subject to customary post-closing adjustments), 85 million Strath common shares and 10-year warrants to acquire 8.5 million Strath common shares.  As a result, Paramount holds an ap
Jun 14, 2018 04:36 pm ET
Paramount Resources Ltd. to Sell Non-Core Oil and Gas Properties in Resthaven / Jayar for $340 Million
CALGARY, June 14, 2018 /CNW/ - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") is pleased to announce that it has entered into a purchase and sale agreement with Strath Resources Ltd. ("Strath") pursuant to which Strath will acquire Paramount's oil and gas properties and related infrastructure at Resthaven / Jayar in the Kakwa region (the "Assets") for total consideration of $340 million, subject to customary purchase price adjustments (the "Transaction").  
May 09, 2018 06:15 pm ET
Paramount Resources Ltd. Announces Director Election Results From its 2018 Annual Meeting of Shareholders
CALGARY, May 9, 2018 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that at its annual meeting of shareholders held on May 9, 2018 the following ten director nominees were elected:
May 09, 2018 06:00 am ET
May 07, 2018 02:26 pm ET
Paramount Resources Ltd. Annual General Meeting of Shareholders to be Webcast
CALGARY, May 7, 2018 /CNW/ - Paramount Resources Ltd. (TSX:POU) ("Paramount") announces that it will be webcasting the annual general meeting of its shareholders to be held in the Conference Center at Centrium Place, 332 – 6th Avenue S.W., Calgary, Alberta, at 10:30 a.m. (Calgary time) Wednesday, May 9, 2018.  To listen to the annual general meeting and view the presentation to be provided at the meeting, please go to the link to the webcast on Paramount's website at:
Dec 19, 2017 02:51 pm ET
Paramount Resources Ltd. Announces a Normal Course Issuer Bid
CALGARY, Dec. 19, 2017 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces that its board has approved Paramount implementing a normal course issuer bid ("NCIB") and a Notice of Intention to make a Normal Course Issuer Bid has been filed with, and accepted by, the Toronto Stock Exchange (the "TSX").
Nov 10, 2017 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Semi-Annual Review of the S&P/TSX Revenue Exposure Indices
Sep 12, 2017 06:15 pm ET
Sep 12, 2017 09:20 am ET
Paramount and Trilogy Complete Merger
CALGARY, Sept. 12, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount") and Trilogy Energy Corp. (TSX: TET) ("Trilogy") are pleased to announce that the previously announced merger of Paramount and Trilogy has been completed. Under the merger, Paramount has acquired all of the outstanding Trilogy shares not already owned by it in exchange for Paramount shares, on the basis of one Paramount share for every 3.75 Trilogy shares. As a result, Trilogy expects that its shares will be delisted from the Toronto Stock Exchange at the close of business on or about September 15, 2017.  Trilog
Sep 08, 2017 04:10 pm ET
Paramount Resources Ltd. Obtains Shareholder Approval for Merger with Trilogy
CALGARY, Sept. 8, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount") is pleased to announce that it has received shareholder approval for its previously announced merger with Trilogy Energy Corp. ("Trilogy") at its special meeting of shareholders held today.  The percentage of the total votes cast under the minority approval requirements that were voted in favour of the merger exceeded 98%.
Aug 30, 2017 01:48 pm ET
Independent Proxy Advisory Firms Recommend that Paramount and Trilogy Shareholders Vote for the Merger of Paramount and Trilogy
CALGARY, Aug. 30, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount") and Trilogy Energy Corp. (TSX: TET) ("Trilogy") are pleased to announce that Institutional Shareholder Services Inc. ("ISS") and Glass Lewis and Co. ("Glass Lewis"), two independent proxy advisory firms that provide voting recommendations to institutional investors, have recommended that shareholders of both Paramount and Trilogy vote for the proposed merger of Paramount and Trilogy (the "Merger") at the upcoming special meetings of the companies to be held on September 8, 2017.
Aug 16, 2017 11:04 am ET
Paramount Resources Ltd. Completes Acquisition of Apache Canada Ltd. and Provides Update on Trilogy Merger Timing
CALGARY, Aug. 16, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") is pleased to announce that it has completed its previously announced acquisition of Apache Canada Ltd., which has been re-named Paramount Resources (ACL) Ltd. 
Aug 16, 2017 10:06 am ET
Apache Completes Strategic Exit from Canada
HOUSTON, Aug. 16, 2017 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE:APA) (Nasdaq:APA)  today announced it has completed the previously disclosed sale of its Apache Canada Ltd. subsidiary to Paramount Resources Ltd. (TSX:POU), which consists of  properties located principally in the provinces of Alberta and British Columbia. Apache also completed the previously disclosed sale of its Provost assets in Alberta to an undisclosed privately owned company. Together, with the June 30 sale of its assets at Midale and House Mountain, these transactions constitute a full country exit for the company fr...
Aug 09, 2017 06:25 am ET
Jul 14, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Buyback and Shareholder Yield Indices
Jul 07, 2017 08:54 am ET
IIROC Trade Resumption - POU
TORONTO, July 7, 2017 /CNW/ - Trading resumes in:
Jul 06, 2017 07:04 pm ET
Paramount Resources Ltd. to Acquire Apache Canada Ltd. for $459.5 Million; Paramount and Trilogy Energy Corp. Agree to Merge
CALGARY, July 6, 2017 /CNW/ - Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") is pleased to announce that it has entered into an agreement with certain subsidiaries of Apache Corporation to acquire Apache Canada Ltd. ("Apache Canada") for $459.5 million, plus working capital and other monetary adjustments (the "Apache Canada Acquisition"). Paramount plans to fund the Apache Canada Acquisition with cash on hand and no debt will be assumed. 
Jul 06, 2017 05:54 pm ET
IIROC Trading Halt - TET; POU
TORONTO, July 6, 2017 /CNW/ - The following issues have been halted by IIROC:
Jun 09, 2017 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
Results of the Quarterly Review of the S&P/TSX Composite Index
May 30, 2017 08:00 am ET
Paramount Resources Ltd. Closes the Sale of its Oil and Gas Properties in the Valhalla Area of Alberta for $150 Million
CALGARY, May 30, 2017 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX: POU) is pleased to announce that it has closed its previously announced sale of its oil and gas properties in the Valhalla area of Alberta for cash consideration of approximately $150 million.     
May 10, 2017 05:43 pm ET
Paramount Resources Ltd. Announces Director Election Results from its 2017 Annual Meeting of Shareholders
CALGARY, May 10, 2017 /CNW/ - Paramount Resources Ltd. ("Paramount") (TSX - "POU") announces that at its annual meeting of shareholders held on May 10, 2017 the following seven director nominees were elected:
May 08, 2017 08:30 am ET
Paramount Resources Ltd. Annual General Meeting of Shareholders to be Webcast
CALGARY, May 8, 2017 /CNW/ - Paramount Resources Ltd. (TSX:POU) ("Paramount") announces that it will be webcasting the annual general meeting of its shareholders to be held in the Conference Center at Centrium Place, 332 – 6th Avenue S.W., Calgary, Alberta, at 10:30 a.m. (Calgary time) Wednesday, May 10, 2017.  To listen to the annual general meeting and view the presentation to be provided at the meeting, please go to the link to the webcast on Paramount's website at www.paramountres.com.   
May 01, 2017 08:30 am ET
Paramount Resources Ltd. to Sell its Oil and Gas Properties in Valhalla for Approximately $150 Million Cash
CALGARY, May 1, 2017 /CNW/ - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") is pleased to announce that it has agreed to sell its oil and gas properties in the Valhalla area of Alberta (the "Assets") for cash consideration of approximately $150 million, subject to customary post-closing adjustments. 
Feb 15, 2017 07:00 am ET
Jan 03, 2017 05:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Distribution as a Dividend of Shares of Seven Generations Energy Ltd. (VII) by Paramount Resources Ltd. (POU)
Nov 17, 2016 05:46 pm ET
Paramount Resources Ltd. Announces That Its Senior Unsecured Notes Due 2019 Will Be Redeemed
CALGARY, Nov. 17, 2016 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") announced today that it will redeem all of its outstanding 7.625% senior unsecured notes due 2019 in the aggregate principal amount of $286,583,000 (the "2019 Notes") on December 19, 2016 (the "Redemption").  The redemption price will be 102.542% of the principal amount of the 2019 Notes redeemed.  The Company will pay the aggregate redemption price plus accrued and unpaid interest on the 2019 Notes to, but excluding, the redemption date with cash on hand.  Paramount delivered the redemption notice in resp
Oct 11, 2016 08:00 am ET
Paramount Resources Ltd. announces a normal course issuer bid
CALGARY, Oct. 11, 2016 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces that its board has approved Paramount implementing a normal course issuer bid ("NCIB") and a Notice of Intention to make a Normal Course Issuer Bid has been filed with and accepted by the Toronto Stock Exchange (the "TSX").
Sep 23, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
An Index Weight Change for Seven Generations Energy Ltd. (TSX:VII)
Sep 23, 2016 03:26 am ET
Paramount Resources Ltd. Announces the Monetization of Part of its Seven Generations Energy Ltd. Shares and Provides Operational Update
CALGARY, Sept. 22, 2016 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces that it has monetized part of its holdings of 33.5 million common shares of Seven Generations Energy Ltd. ("7G") which were acquired in August as partial consideration for the sale of the Company's Musreau/Kakwa assets. Paramount has monetized an aggregate of 24.7 million 7G shares through sale transactions for gross proceeds of approximately $735 million. The Company has received approximately $310 million in cash and will realize the balance of the proceeds in late December 2016.
Aug 23, 2016 06:15 pm ET
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
A Relative Weight Change for Seven Generations Energy Ltd. (TSX:VII)
Aug 18, 2016 11:21 am ET
Paramount Resources Ltd. Announces Closing of Musreau / Kakwa Asset Sale to Seven Generations
Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") is pleased to announce that it has completed its Musreau / Kakwa asset sale (the "Sale Transaction") to Seven Generations Energy Ltd. ("7G"). Consideration received by Paramount...
Aug 18, 2016 11:21 am ET
Paramount Resources Ltd. Announces Closing of Musreau / Kakwa Asset Sale to Seven Generations
Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") is pleased to announce that it has completed its Musreau / Kakwa asset sale (the "Sale Transaction") to Seven Generations Energy Ltd. ("7G"). Consideration received by Paramount under the Sale Transaction totaled approximately $2.1 billion, and included approximately $0.5 billion in cash (after adjustments), approximately $1.0 billion in 7G shares (based on the August 17 closing price for 7G shares) and approximately $0.6 billion of debt assumed by 7G (including accrued interest and
Aug 17, 2016 08:49 pm ET
Paramount Resources Ltd. Announces the Results of Its Extended Consent Solicitation for Its 2019 Notes
Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") announced today that the holders of approximately $283.5 million aggregate principal amount of its senior unsecured notes due 2019 (the "2019 Notes") consented to the waiver and amendment of certain provisions of the indenture for the 2019 Notes such that Paramount's previously announced Musreau / Kakwa asset sale to Seven Generations Energy Ltd. (the "Sale Transaction") can be completed with consenting holders remaining as holders of their 2019 Notes. A consent fee of $5.00 per $1,000
Aug 17, 2016 08:49 pm ET
Paramount Resources Ltd. Announces the Results of Its Extended Consent Solicitation for Its 2019 Notes
Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") announced today that the holders of approximately $283.5 million aggregate principal amount of its senior unsecured notes due 2019 (the "2019 Notes") consented to the waiver and...
Aug 16, 2016 01:22 pm ET
Paramount Resources Ltd. Announces That It Has Extended the Consent Solicitation for Its 2019 Notes
Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") announced today that it has extended the expiry time of its consent solicitation to the holders of its senior unsecured notes due 2019 to 5:00 p.m. (Toronto time) on August 17, 2016...
Aug 16, 2016 01:22 pm ET
Paramount Resources Ltd. Announces That It Has Extended the Consent Solicitation for Its 2019 Notes
Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") announced today that it has extended the expiry time of its consent solicitation to the holders of its senior unsecured notes due 2019 to 5:00 p.m. (Toronto time) on August 17, 2016 which shall be deemed to be the new "Expiration Time" for all purposes of such solicitation. At this time consents in respect of approximately $92 million principal amount of notes have been received. The minimum acceptance condition remains at $100 million principal amount of notes and the consent fee payable to
Aug 15, 2016 02:56 pm ET
Paramount Resources Ltd. obtains shareholder and regulatory approvals for its Musreau / Kakwa asset sale to Seven Generations Energy Ltd.
CALGARY, Aug. 15, 2016 /CNW/ - Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") announced today that it has received shareholder approval and all necessary regulatory approvals for its previously announced Musreau / Kakwa asset sale to Seven Generations Energy Ltd. (the "Sale Transaction").  The Sale Transaction is expected to be completed on August 18, 2016; however, completion of the transaction remains subject to the satisfaction or waiver of the other closing conditions for the Sale Transaction.   
Aug 05, 2016 07:00 am ET
Aug 05, 2016 06:58 am ET
Paramount Announces Second Quarter 2016 Results
(TSX:POU) - HIGHLIGHTS Paramount closed the sale of its Musreau Complex natural gas processing facility for gross cash proceeds of approximately $565 million in April 2016. In...
Aug 02, 2016 08:14 pm ET
Clayton H. Riddell Acquires 2,087,779 Class A Common Shares of Paramount Resources Ltd.
CALGARY, Aug. 2, 2016 /CNW/ - Mr. Clayton H. Riddell, the Executive Chairman of Paramount Resources Ltd. ("Paramount") (TSX:POU), announced today that he acquired on July 26, 2016, personally and through an entity controlled by him, an aggregate of 2,087,779 Class A Common Shares ("Common Shares") of Paramount from a third party at a cost of $11.83 per share.  The Common Shares acquired represented 1.96% of the outstanding Common Shares as of that date.  Mr. Riddell owned and/or controlled an aggregate of 44,918,701 Common Shares (approximately 42.27% of the outstanding Common Shares) prior
Jul 13, 2016 06:05 pm ET
Paramount Resources Ltd. Commences Consent Solicitation and Gives Notice of Conditional Redemption in Respect of Its 2019 Notes
Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") announced today that it has commenced a consent solicitation and given notice of conditional redemption in respect of its senior unsecured notes due 2019 (the "2019 Notes"), as the...
Jul 13, 2016 06:05 pm ET
Paramount Resources Ltd. Commences Consent Solicitation and Gives Notice of Conditional Redemption in Respect of Its 2019 Notes
Paramount Resources Ltd. (TSX: POU) ("Paramount" or the "Company") announced today that it has commenced a consent solicitation and given notice of conditional redemption in respect of its senior unsecured notes due 2019 (the "2019 Notes"), as the Company previously indicated it would in its July 6th press release announcing the Company's proposed Musreau/Kakwa asset sale to Seven Generations Energy Ltd. (the "Sale Transaction").
Jul 07, 2016 09:00 am ET
IIROC Trade Resumption - POU
TORONTO, July 7, 2016 /CNW/ - Trading resumes in:
Jul 06, 2016 04:35 pm ET
IIROC Trading Halt - POU; VII
TORONTO, July 6, 2016 /CNW/ - The following issues have been halted by IIROC:
Jul 06, 2016 03:41 pm ET
Paramount Resources Ltd. Enters Into an Agreement to Sell 310 Net Sections of Its Deep Basin Musreau/Kakwa Assets to Seven Generations Energy Ltd. for Total Consideration of $1.9 Billion
Paramount Resources Ltd. (TSX:POU) ("Paramount" or the "Company") is pleased to announce that it has entered into a purchase and sale agreement (the "Agreement") with Seven Generations Energy Ltd. ("Seven Generations") pursuant to which Seven...
Jun 13, 2016 08:00 am ET
Paramount Resources Ltd. Announces the Closing of its Annual Bank Credit Facility Renewal
Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) announces the closing of the annual renewal of its bank credit facility (the "Facility"). The revolving period of the Facility has been extended to April 28, 2017 and the maturity date has been extended to April 28, 2018. Commitments under the renewed Facility are $350 million, with a scheduled step-down to $300 million on the earlier of October 31, 2016, or the occurrence of certain events that generate additional liquidity. Paramount continues to have no financial maintenance covenants under
Jun 13, 2016 07:58 am ET
Paramount Resources Ltd. Announces the Closing of its Annual Bank Credit Facility Renewal
Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announces the closing of the annual renewal of its bank credit facility (the "Facility"). The revolving period of the Facility has been extended to April 28, 2017 and the maturity...
May 04, 2016 04:50 pm ET
Paramount Resources Ltd. Announces Director Election Results From Its 2016 Annual Meeting of Shareholders
Paramount Resources Ltd. ("Paramount") (TSX: POU) announces that at its annual meeting of shareholders held on May 4, 2016 the following nine director nominees were elected:
May 04, 2016 04:50 pm ET
Paramount Resources Ltd. Announces Director Election Results From Its 2016 Annual Meeting of Shareholders
Paramount Resources Ltd. ("Paramount") (TSX:POU) announces that at its annual meeting of shareholders held on May 4, 2016 the following nine director nominees were elected:  ...
May 04, 2016 07:58 am ET
Paramount Announces Q1 2016 Results; Sales Volumes Increase 31 Percent to 50,161 Boe/d; Liquids Comprise 49% of Total Sales
Paramount Resources Ltd. (TSX:POU) - HIGHLIGHTS First quarter 2016 sales volumes averaged 50,161 Boe/d, 31 percent higher than the first quarter of 2015 and 10 percent higher than the previous quarter....
May 02, 2016 11:51 am ET
Paramount Resources Ltd. Annual General Meeting of Shareholders to Be Webcast
Paramount Resources Ltd. (TSX:POU) ("Paramount") announces that it will be webcasting the annual general meeting of its shareholders to be held in the Conference Center at Centrium Place, 332 - 6th Avenue S.W., Calgary, Alberta, at 10:30 a.m....
May 02, 2016 11:50 am ET
Paramount Resources Ltd. Annual General Meeting of Shareholders to Be Webcast
Paramount Resources Ltd. (TSX: POU) ("Paramount") announces that it will be webcasting the annual general meeting of its shareholders to be held in the Conference Center at Centrium Place, 332 - 6th Avenue S.W., Calgary, Alberta, at 10:30 a.m. (Calgary time) Wednesday, May 4, 2016. To listen to the annual general meeting and view the presentation to be provided at the meeting, please go to the link to the webcast on Paramount's website at www.paramountres.com.
Apr 20, 2016 01:13 pm ET
Paramount Completes Sale of Musreau Complex and Related Midstream Assets
Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) announced today that it has completed its previously announced sale of the Musreau Complex and related midstream assets (the "Midstream Transaction").  In connection...
Apr 20, 2016 01:13 pm ET
Paramount Completes Sale of Musreau Complex and Related Midstream Assets
Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) announced today that it has completed its previously announced sale of the Musreau Complex and related midstream assets (the "Midstream Transaction").
Mar 18, 2016 09:03 am ET
IIROC Trade Resumption - POU; TRP
TORONTO, March 18, 2016 /CNW/ - Trading resumes in:
Mar 17, 2016 06:04 pm ET
IIROC Trading Halt - POU
TORONTO, March 17, 2016 /CNW/ - The following issues have been halted by IIROC:
Jan 21, 2016 11:21 am ET
IIROC Trade Resumption - POU
TORONTO, Jan. 21, 2016 /CNW/ - Trading resumes in:
Jan 21, 2016 11:16 am ET
IIROC Trading Halt - POU
TORONTO, Jan. 21, 2016 /CNW/ - The following issues have been halted by IIROC: