Paramount Resources Ltd. Class A · TSX:POU
Paramount Resources Ltd. Class A — Investor Presentation (January 2025)
21 slides from Paramount Resources Ltd. Class A's investor presentation, January 2025
Slide 1: Corporate Presentation
Corporate Presentation January 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 (4) Shares Outstanding (MM) 147.9 • Significant insider ownership (~46%) (1) Sales volumes (Boe/d)
Slide 4: Pivotal Transaction and Shareholder Return
Pivotal Transaction and Shareholder Return Demonstrates Paramount's continuing ability to generate long-term value for shareholders From inception to the closing of the recent $3.3 Billion Asset Sale Transaction (the "Grande Prairie Disposition"), Paramount created ~$3.8 billion of shareholder value
Slide 5: Consistent Shareholder Returns While Maintaining a Strong Balance Sheet
Consistent Shareholder Returns While Maintaining a Strong Balance Sheet Including the Special Distribution, Paramount will have returned ~$3Bln ($20.73/share) to shareholders since 2020 Cumulative Distributions ($MM) Sales Volumes (Boe/d) $800 100,000 $725 $700 95,000 Post 3Q24: • 4Q24: $66MM ($0.45
Slide 6: Inventory-Rich Opportunity Set
Inventory-Rich Opportunity Set Significant inventory of opportunities at various stages in the development lifecycle Stage of Development • Duvernay production growth from ~8,200 Boe/d (1) to targeted plateau production of 16,000 Boe/d for 12+ years Kaybob • Owned and operated facilities and infrast
Slide 7: 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 • Approximately 249,000 net acres of contiguous land • Targeting to grow production from ~5,200 Boe/d in Q3 2024 to an ultimate plateau production l
Slide 8: Willesden Green Duvernay Overview
Willesden Green Duvernay Overview Very attractive half-cycle economics driven by highly productive, liquids-rich wells Cumulative Boe (1) Play Data at 4,000m Avg. Lateral Length (2) Type Curve IP 365 (Boe/d) 843 IP 365 CGR (Bbl/MMcf) 237 Sales Volume (MBoe) 1,306 Average CGR (Bbl/MMcf) 178 Sales Gas
Slide 9: 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 10: Kaybob North Duvernay Overview
Kaybob North Duvernay Overview Production growth is expected to offset natural declines from legacy conventional production in the Kaybob Region • Paramount has brought onstream a total of 23 (23.0 net) Duvernay wells in the Kaybob North Duvernay area to December 31, 2024 Duvernay Lands • The Compan
Slide 11: Sinclair Montney Lands
Sinclair Montney Lands Paramount has assembled a large block of wholly-owned Montney rights in Northwest Alberta Paramount is initiating completion operations of two horizontal Montney appraisal wells • Consistent with its strategy of identifying new opportunities at an early stage and capturing lar
Slide 12: Northeast Alberta Heavy Oil Asset Overview
Northeast Alberta Heavy Oil Asset Overview Paramount controls significant lands prospective for cold flow heavy oil and in-situ thermal recovery Northeast Alberta - Clearwater / Bluesky & Thermal Heavy Oil • 1.3 million net acres of lands prospective for cold flow POU Tamarack Valley Baytex Rubellit
Slide 13: 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 14: 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) ~$430 million Wholly owned by Paramount
Slide 15: 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 16: 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 17: Advisories
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Slide 18: 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 19: 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 20: 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 21: Paramount Resources Ltd.
Paramount Resources Ltd. 4700 – 888 3rd Street S.W. Calgary, Alberta Canada T2P 5C5 Telephone: 403.290.3600 www.paramountres.com
Paramount Resources — Investor Presentation (January 2025) on 6ix