Paramount Resources Ltd. Class A · TSX:POU
Paramount Resources Ltd. Class A — Investor Presentation (March 2025)
20 slides from Paramount Resources Ltd. Class A's investor presentation, March 2025
Slide 1: Corporate Presentation
Corporate Presentation March 2025
Slide 2: Advisories
Advisories • In the interest of providing information regarding Paramount Resources Ltd. ("Paramount", "PRL" or the "Company") and its future plans and operations, this presentation contains certain forward-looking information and statements. The projections, estimates and forecasts contained in suc
Slide 3: Corporate Overview
Corporate Overview Paramount has significant land positions in several prolific unconventional resource plays in Canada • Founded in 1976 (IPO’d in 1978) Market Snapshot (TSX-POU) 2025 Guidance Summary (3) • Significant insider ownership (~48%) (1) Shares Outstanding (MM) 143.3 Sales Volumes (Boe/d)
Slide 4: Shareholder Returns
Shareholder Returns Paramount has returned $20.73/share ($2.97 billion) to shareholders since the start of 2021 Cumulative Dividends and Special Distributions ($MM) • Paramount’s priorities continue to be the maintenance of a strong balance sheet $2.97 Billion and the delivery of attractive sharehol
Slide 5: Inventory-Rich Opportunity Set
Inventory-Rich Opportunity Set Paramount is allocating capital to its highest risk-adjusted rate of return opportunities while maintaining a strong balance sheet • Core strategy: Potential Plateau Production (Boe/d) Stage of Development • Early identification and low-cost resource capture + Potentia
Slide 6: Willesden Green Duvernay Overview
Willesden Green Duvernay Overview Development activities in Paramount's core Duvernay area are progressing with a new processing plant planned for 2025 • 263,000 net acres of contiguous Duvernay rights • Targeting to grow production from ~7,700 Boe/d (Q4 2024) to a plateau production level of >50,00
Slide 7: Willesden Green Duvernay Overview
Willesden Green Duvernay Overview Attractive half-cycle economics driven by significant condensate contribution Cumulative Boe (1) Play Data - 4,000m Avg. Lateral Length, 1.7t/m Frac Intensity, 320m 800 Well Spacing (2) Type Curve (2) IP 365 (Boe/d) 843 600 IP 365 CGR (Bbl/MMcf) 237 MBoe 400 Sales V
Slide 8: Willesden Green Duvernay Overview
Willesden Green Duvernay Overview Paramount is accelerating the development of its liquids-rich Willesden Green Duvernay play Alhambra Plant – Phase 1 Under Construction • Construction of the Company's Alhambra Plant in Willesden Green is progressing well • Planned capacity of 150 MMcf/d of raw gas
Slide 9: Kaybob North Duvernay Overview
Kaybob North Duvernay Overview Production growth is expected to offset natural declines from legacy conventional production in the Kaybob Region • 109,000 net acres of Duvernay rights and 179,000 net acres of Montney rights • Paramount has brought onstream a total of 23 (23.0 net) Duvernay wells in
Slide 10: Sinclair Montney Lands
Sinclair Montney Lands Paramount has assembled a large block of wholly-owned Montney rights in Northwest Alberta Completions operations on the first two horizontal Montney appraisal wells have recently concluded • Consistent with its strategy of identifying new opportunities at an early stage and ca
Slide 11: Central Alberta Heavy Oil Asset Overview
Central Alberta Heavy Oil Asset Overview Paramount controls significant lands prospective for cold flow heavy oil and in-situ thermal recovery Central Alberta - Clearwater / Bluesky & Thermal Heavy Oil • 1.31 million net acres of lands prospective for cold flow POU Tamarack Valley Baytex Rubellite h
Slide 12: Northeast British Columbia Asset Overview
Northeast British Columbia Asset Overview Liard and Horn River basins are prolific natural gas development opportunities – prospective feedstock for west coast LNG Liard: Northeast BC – Liard and Horn River Basins • 50% operated interest (Woodside partner) • 179,000 net acres of Besa River rights LI
Slide 13: Strategic / Long-Term Investments and Risk Management
Strategic / Long-Term Investments and Risk Management Paramount holds significant positions in a number of public and private entities Summary of Investments & Other Assets Fox Drilling Long-term Unconventional Natural Gas: Investments in Public Companies (1) ~$380 million Wholly owned by Paramount
Slide 14: Environmental, Social and Governance ("ESG")
Environmental, Social and Governance ("ESG") Paramount takes pride in responsibly delivering value to all stakeholders Environmental Social • The use of bi-fuel drilling rigs and completions • Fosters a safety conscious culture with written equipment reduce diesel consumption policies and procedures
Slide 15: Paramount Investment Attributes
Paramount Investment Attributes Paramount offers a unique investment proposition • 45+ year history of responsible energy development and environmental stewardship • Extensive portfolio of liquids-rich resource plays in the Duvernay and shale gas plays in the Montney, Horn River and Liard basins • P
Slide 16: Advisories
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Slide 17: Advisories
Advisories Forward-Looking Information Certain statements in this presentation constitute forward-looking information under applicable securities legislation. Forward-looking information typically contains statements with words such as "anticipate", "believe", "estimate", "will", "expect", "plan", "
Slide 18: Advisories
Advisories In addition to the above, there are no assurances as to the continuing declaration and payment of future monthly dividends by the Company or the amount or timing of any such dividends. There are risks that may result in the Company changing, suspending or discontinuing its monthly dividen
Slide 19: Advisories
Advisories Product Type Information This presentation includes references to forecast sales volumes of "liquids". "Liquids" refers to light and medium crude oil, tight oil, heavy crude oil, condensate and ethane, propane and butane ("Other NGLs") combined. Below is further information respecting the
Slide 20: Paramount Resources Ltd. contact details
Paramount Resources Ltd. 4700 – 888 3rd Street S.W. Calgary, Alberta Canada T2P 5C5 Telephone: 403.290.3600 www.paramountres.com
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