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Paramount Resources Ltd. Closes the Sale of its Oil and Gas Properties in the Valhalla Area of Alberta for $150 Million
Paramount Resources Ltd. Closes the Sale of its Oil and Gas Properties in the Valhalla Are...
About this update from Paramount Resources Ltd. Class A
[{"type":"text","content":"\n\n\n\nParamount Resources Ltd. Closes the Sale of its Oil and Gas Properties in the Valhalla Area of Alberta for $150 Million\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, May 30, 2017\n\n\n\nCALGARY, 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.      \n\nAbout Paramount\n\nParamount 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\".  \nSOURCE Paramount Resources Ltd.\n\n\n\nView original content: http://www.newswire.ca/en/releases/archive/May2017/30/c6308.html\n\n\n\n\nParamount Resources Ltd., J.H.T. (Jim) Riddell, President and Chief Executive Officer; B.K. (Bernie) Lee, Chief Financial Officer; www.paramountres.com, Phone: (403) 290-3600Copyright CNW Group 2017","length":2434,"tagName":"div"}]