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) Thursday, May 8, 2014. 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.


The webcast will also be available at the following internet address:
http://www.gowebcasting.com/5442


The webcast will be available on Paramount's website and at the internet address
above for a period of time following the meeting.


Paramount is a Canadian oil and natural gas exploration, development and
production company with operations focused in Western Canada. Paramount's common
shares are listed on the Toronto Stock Exchange under the symbol "POU".


FOR FURTHER INFORMATION PLEASE CONTACT: 
Paramount Resources Ltd.
C.H. (Clay) Riddell
Chairman and Chief Executive Officer
(403) 290-3600
(403) 262-7994 (FAX)


Paramount Resources Ltd.
J.H.T. (Jim) Riddell
President and Chief Operating Officer
(403) 290-3600
(403) 262-7994 (FAX)
www.paramountres.com
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