PROFILE |
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Paramount Resources' paramount business is natural gas, which accounts for more than 90% of sales. The exploration and development company has interests in 4.6 million acres, primarily in western Canada. It has proved reserves of 518 billion cu. ft. of natural gas and about 4.7 million barrels of oil. The company produces approximately 220 million cu. ft. of natural gas and 1,571 barrels of oil a day. Paramount Oil & Gas owns nearly 49% of Paramount Resources. Clayton Riddell, chairman, president, and CEO of Paramount Resources, is the majority shareholder of Paramount Oil & Gas.
COMPETITION |
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Alberta Energy Company Ltd. (AOG)
Canadian Hunter Exploration Ltd. (HTR)
Penn West Petroleum Ltd. (PWT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 207.50
1-Yr. Sales Growth: 72.4%
Employees: 157
Revenue per employee: $1,321,656.05
KEY PEOPLE |
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Clayton H. Riddell
CEO
David J. Broshko
CFO
CONTACT INFO |
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4700 Bankers Hall West
Calgary Alberta T2P 5C5, Canada
Phone: 1-403-290-3600
Fax: 1-403-262-7994
Online: Web Site
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