James H. T. Riddell, CEO, Director and 10% Holder, acquired 3,750,000 Common Shares Class A on an indirect ownership basis for registered holder Treherne Resources Ltd. at a price of $6.650 through a prospectus or prospectus exempt offering on November 15th, 2019. This represents a $24,937,500 investment into the company's shares and an account share holdings change of 12.9%.
Paramount Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Paramount Resources Ltd is a Canada-based energy company that is focused on developing its portfolio of diverse resource plays while consistently building value for shareholders. The Company explores for, develops, produces and markets natural gas, oil and natural gas liquids in Alberta, British Columbia, Saskatchewan and the Northwest Territories. It has portfolio of resource plays in the Kaybob Region and The Central Alberta, which includes multiple land and resource positions, such as Kaybob Montney Oil, Kaybob South Duvernay Willesden Green and East Shale Basin Duvernay, Cardium, Glauconite and Ellerslie rights.
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