Paramount Resources
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Big oil companies eligible for millions from federal coronavirus bailout to clean up sitesThere are currently close to 100,000 inactive wells in the province, which are wells that have stopped producing.InvestigationsDec 17, 2020
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Paramount Resources slashes capital spending plan due to drop in energy pricesThe company expects capital spending this year to come in between $185 million and $250 million.CanadaMar 19, 2020
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Alberta oil and gas producer cleanup cost estimates set too low, coalition saysThe Alberta Liabilities Disclosure Project said the province's largest oil and gas companies are underestimating how much it will cost to clean up thousands of oil and gas wells drilled over past decades.EnvironmentJul 18, 2019
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Paramount Resources CEO backs calls for production cuts to support oil pricesThe Alberta government says because of lower commodity prices, discounts on crude oil are costing the country $80 million a day in lost revenue.CanadaNov 30, 2018
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Paramount Resources pipeline leaks 290,000 litres of oil and saltwater in AlbertaCrews are cleaning up after an oil and saltwater leak from a pipeline owned by Paramount Resources Ltd. was discovered near Zama City in the far northwest corner of Alberta last week.CanadaApr 16, 2018
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Energy giant Apache Corp. sells off assets in Alberta, Saskatchewan and B.C.Apache Corp. says it has sold its assets in British Columbia, Alberta and Saskatchewan for close to $1 billion in a strategic exit from Canada.EconomyJul 6, 2017
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Timeline: Major recent spills on the PrairiesAs an oil spill cleanup continues in the North Saskatchewan River, here's a look at some spills of oil and other materials on the Prairies in recent years.EnvironmentJul 22, 2016
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Calgary energy giants announce $1.9B dealCalgary-based Paramount Resources is entering into a $1.9-billion deal to sell most of its oil and natural gas producing assets in western Alberta to Calgary rival Seven Generations Energy.EconomyJul 6, 2016
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