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Press release from CNW Group

Paramount Resources Ltd. to present at the FirstEnergy/Société Générale Canadian Energy Conference in New York, New York

Wednesday, March 02, 2011

CALGARY, March 2 /CNW/ - Notification of live webcast event:

Paramount Resources Ltd. (TSX: POU)

Live webcast presentation

Wednesday, March 9, 11:55 AM EST

To listen and view this online event, please visit the Company website at http://www.paramountres.com/investor_relations/key-dates.html

or at

http://jetslides.tv/lobby/365

The presentation will be available in an archived version at this link for 30 days following the live presentation.

For further information:

on the webcast please visit www.firstenergy.com or contact:

Paramount Resources Ltd.

James H.T. Riddell
President and Chief Operating Officer

Ph:  403-290-3600