Paramount Resources Ltd. (TSX:POU) entered into a definitive agreement to acquire Additional Duvernay Lands for CAD 68.5 million in July 2022. The purchase price is in cash prior to adjustments. The acquisition is expected to close in the third quarter and subject to customary closing conditions. RBC Capital Markets acted as financial advisor in transaction.

Paramount Resources Ltd. (TSX:POU) completed the acquisition of Additional Duvernay Lands for CAD 60.4 million on September 1, 2022. The purchase price is in cash, net of adjustments.