Company founded
1978
Paramount Resources Ltd. is a Canadian energy company, incorporated in 1978, that explores for, develops, processes, transports and markets petroleum and natural gas. The Company has five core producing areas; Kaybob, Grande Prairie, Southern Alberta/Southeast Saskatchewan/Montana/North Dakota, Northwest Alberta and Northeast British Columbia/Northwest Territories. Each of these core areas is equipped with distinct operating staff, capital budgets and targets, as well as shared services for drilling, facility construction, accounting, land administration and corporate compliance. This strategy has built a strong asset base that will record sustainable growth in production, cash flow, earnings and asset value.