Paramount Resources Ltd. is a Canadian petroleum
company, founded in 1976.
The company is involved in the exploration
, development, production, processing, transportation and marketing of natural gas
and its byproducts and crude oil. The company was founded by Clay Riddell
In addition to its own name, Paramount has several subsidiaries with names resembling those of Hollywood
companies, including Fox Drilling, Summit Resources, and Pixar Petroleum. It also retains significant investment in MGM Energy
, which it spun off in 2007.
In 2017, Paramount acquired Apache Canada Ltd.
for C$459.5 million and merged with Trilogy Energy Corp which itself was originally spun-off
Paramount reported an output of 85,941 barrels of oil equivalent per day (BOE/D)
in its 2018 annual report, published in March 2019.
Category:Companies listed on the Toronto Stock Exchange
Category:Oil companies of Canada
Category:Companies based in Calgary
Category:Non-renewable resource companies established in 1976
Category:1976 establishments in Alberta