Paramount Resources Ltd. Revises Production Guidance for the Fourth Quarter of 2020; Provides Production Guidance for the Full Year 2021
November 05, 2020 at 05:19 pm EST
Paramount Resources Ltd. revised production guidance for the fourth quarter of 2020. Paramount is increasing the mid-point of its production guidance, with sales volumes anticipated to average between 70,000 Boe/d and 72,000 Boe/d in the fourth quarter of 2020, reflecting the Company's confidence in the onstream timing of new wells.
The company expects 2021 annual average sales volumes of between 77,500 Boe/d and 82,500 Boe/d (45% liquids).