CALGARY, Nov. 8, 2011 /CNW/ - Notification of live webcast event: Paramount Resources Ltd. Live webcast presentation Wednesday, November 16, 8:10 AM ET To listen and view this online event, please visit the Company website at: http://www.paramountres.com/investor_relations/key-dates.html or at http://jetslides.tv/lobby/541 The presentation will be available in an archived version at this link for 30 days following the live presentation. Paramount Resources Ltd. CONTACT: For more information on the webcast please visitwww.firstenergy.com orcontact:PARAMOUNT RESOURCES LTD.James H. T. (Jim) Riddell,President & C.O.O.Telephone: 403-290-3600

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