Paramount Resources says largely restored production hit by Alberta wildfires

Paramount Resources (Pre-Merger)

04/07/2023 12:23

July 4 (Reuters) - Paramount Resources Ltd  POU.TO  said
on Tuesday it has successfully restored all but about 2,500
barrels of oil equivalent per day (boe/d) of the production
curtailed by Alberta wildfires.
    The natural gas-focused Canadian energy company now expects
average sales volumes in the first half of this year to be about
92,500 boe/d compared to previous guidance of between 96,000
boe/d and 101,000 boe/d.
    The company is working to restore the last of the curtailed
production and continues to assess the residual impact of the
wildfires due to interruptions to maintenance and development
activities, it said.
    

 (Reporting by Manya Saini in Bengaluru; Editing by Dhanya Ann
Thoppil)
 ((Manya.Saini@thomsonreuters.com;))