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Paramount Resources Ltd(POU-T)

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Paramount Resources Ltd. Announces Closing of Disposition, Special Dividend and Updated Guidance - Wed Jan 11, 4:00PM CST

CALGARY, AB, Jan. 11, 2023 Paramount Resources Ltd. (ʺParamountʺ or the ʺCompanyʺ) (TSX: POU) is pleased to announce the closing of the disposition of its Kaybob Smoky and Kaybob South Duvernay properties and a special dividend of $1.00 per class A common share (ʺCommon Shareʺ). The Company is also pleased to provide preliminary estimates of its fourth quarter production and annual 2022 capital expenditures and updates to its 2023 guidance, preliminary 2024 guidance and five-year outlook.


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