Paramount Resources closes $150M O&G asset sale

Alpha Stox May 30, 2017 Comments Off
Paramount Resources closes $150M O&G asset sale

An anonymous director reports

PARAMOUNT RESOURCES LTD. CLOSES THE SALE OF ITS OIL AND GAS PROPERTIES IN THE VALHALLA AREA OF ALBERTA FOR $150 MILLION

Paramount Resources Ltd. 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.

About Paramount Resources Ltd.

Paramount is an independent Canadian energy company that explores and develops unconventional and conventional petroleum and natural gas prospects, including long-term unconventional exploration and predevelopment projects, and holds a portfolio of investments in other entities. The company’s principal properties are primarily located in Alberta and British Columbia.

Comments are closed.

Newsletterpopup_top_1

Your Name (required)

Your Email (required)

captcha

Newsletterpopup_bottom_1