Paramount Resources Ltd. Closes the Sale of its Oil and Gas Properties in the Valhalla Area of Alberta for $150 Million
30 Mai 2017 - 1:00PM
PR Newswire (Canada)
CALGARY, May 30, 2017 /CNW/ - Paramount Resources Ltd.
("Paramount") (TSX: POU) is pleased to announce that it 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
Paramount is an independent, publicly traded, Canadian energy
company that explores and develops unconventional and conventional
petroleum and natural gas prospects, including long-term
unconventional exploration and pre-development projects, and holds
a portfolio of investments in other entities. The Company's
principal properties are primarily located in Alberta and British
Columbia. Paramount's Class A common shares are listed on
the Toronto Stock Exchange under the symbol "POU".
SOURCE Paramount Resources Ltd.
Copyright 2017 Canada NewsWire
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