Brief: Paramount Resources Ltd. Announces Planned Post-Transaction Special Distribution, Dividend Policy And Guidance

Paramount Resources (Pre-Merger)

18/12/2024 22:56

Dec 18 (Reuters) - Paramount Resources Ltd  POU.TO :
    * PARAMOUNT RESOURCES LTD. ANNOUNCES PLANNED
POST-TRANSACTION
SPECIAL DISTRIBUTION, DIVIDEND POLICY AND GUIDANCE
    * PARAMOUNT RESOURCES LTD - PARAMOUNT'S PRODUCTION
IMMEDIATELY
FOLLOWING CLOSING OF TRANSACTION WILL BE APPROXIMATELY 30,000
BOE/D FOR 2025
    * PARAMOUNT RESOURCES-SEES SIMILAR LEVELS OF 2026 CAPEX TO
THOSE
OF POST-DEAL BUDGET TO ENABLE 2026 EXIT WITH PRODUCTION IN
EXCESS OF 60,000 BOE/D

Source text:  ID:nCNWQHb1ha 
Further company coverage:  POU.TO 

 ((Reuters.Briefs@thomsonreuters.com;))