Paramount Resources

• Wildfires lead to Paramount lower first half 2023 average sales volumes expectations

  Paramount says it is working to restore the last of the curtailed production and continues to assess the impact of the fires.

  Canada

  Jul 4, 2023
  
• Alberta wildfires: Energy companies curtail production as thousands evacuated

  The curtailments come as several thousand people have been ordered to leave their homes as more than 100 wildfires burn across Alberta.

  Economy

  May 8, 2023
  
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• Crescent Point to acquire Kaybob Duvernay drilling assets from Paramount Resources

  The Calgary oil and gas company says those assets include 130 net drilling locations across almost 65,000 net acres of Crown land.

  Economy

  Dec 9, 2022
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• Big oil companies eligible for millions from federal coronavirus bailout to clean up sites

  There are currently close to 100,000 inactive wells in the province, which are wells that have stopped producing.

  Investigations

  Dec 17, 2020
• Paramount Resources slashes capital spending plan due to drop in energy prices

  The company expects capital spending this year to come in between $185 million and $250 million.

  Canada

  Mar 19, 2020
• Alberta oil and gas producer cleanup cost estimates set too low, coalition says

  The 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.

  Environment

  Jul 18, 2019
• Paramount Resources CEO backs calls for production cuts to support oil prices

  The Alberta government says because of lower commodity prices, discounts on crude oil are costing the country $80 million a day in lost revenue.

  Canada

  Nov 30, 2018
• Paramount Resources pipeline leaks 290,000 litres of oil and saltwater in Alberta

  Crews 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.

  Canada

  Apr 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.

  Economy

  Jul 6, 2017
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• Timeline: Major recent spills on the Prairies

  As 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.

  Environment

  Jul 22, 2016