The Industry Standard: Intelligence for the Information Economy

  September 5, 2001
  NEWS & ANALYSIS
   Headlines
   Money & Markets
   Tech & Telecom
   Media & Marketing
   Metrics & Stats
   Policy & Politics
  SEARCH
   
  advanced search
  SERVICES
   Company Index
   Newsletters
   Wireless
  PRINT EDITION
   Read the Magazine

Home > Company Index > Energy > Oil & Gas Exploration & Production > Paramount Resources Ltd.

Paramount Resources Ltd.
 PROFILE
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
Alberta Energy Company Ltd. (AOG)
Canadian Hunter Exploration Ltd. (HTR)
Penn West Petroleum Ltd. (PWT)

 FINANCIAL OVERVIEW
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
• Clayton H. Riddell
    CEO
• David J. Broshko
    CFO

 CONTACT INFO
4700 Bankers Hall West
Calgary Alberta T2P 5C5, Canada
Phone: 1-403-290-3600
Fax: 1-403-262-7994
Online: Web Site

Company Data   News, quotes & more       

Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


ADVERTISEMENT
FEATURED LINKS
Home |  Customer Service |  About Us
Australia |  Brazil |  China |  Korea |  Norway |  Poland |  Sweden |  Taiwan

Copyright ©2001 Standard Media International. Privacy Policy
Stock data provided by Stockpoint and its data suppliers. Copyright © 1995-2001