Brief: Paramount Resources Restores All But About 2,500 BOE/d Of Production That Had Been Curtailed Result Of Alberta Wildfires

Paramount Resources (Pre-Merger)

04/07/2023 12:06

July 4 (Reuters) - Paramount Resources Ltd  POU.TO :
    * RESTORED ALL BUT APPROXIMATELY 2,500 BOE/D OF PRODUCTION
THAT
HAD BEEN CURTAILED AS A RESULT OF ALBERTA WILDFIRES
    * PARAMOUNT RESOURCES - EXPECTS FIRST HALF 2023 AVERAGE
SALES
VOLUMES TO BE ABOUT 92,500 BOE/D COMPARED TO PREVIOUS GUIDANCE
OF 96,000 TO 101,000 BOE/D
    * SEES H1 2023 AVERAGE SALES VOLUMES TO BE APPROXIMATELY
92,500
BOE/D COMPARED TO PREVIOUS GUIDANCE OF 96,000 TO 101,000 BOE/D
    * IS WORKING TO RESTORE LAST OF CURTAILED PRODUCTION AND
CONTINUES
TO ASSESS RESIDUAL IMPACT OF WILDFIRES
    * TORONTO STOCK EXCHANGE ACCEPTED CO'S NOTICE TO RENEW ITS
NORMAL
COURSE ISSUER BID FOR ITS CLASS A COMMON SHARES

Source text for Eikon:  ID:nCNWdX0TGa 
Further company coverage:  POU.TO 

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