Paramount Resources

Paramount Resources has retained Rundle Energy Partners to sell certain properties in Alberta. The package includes 79.3% average working interest in assets in the Enchant, Retlaw, Long Coulee, Sylvan Lake, Cold Lake/Elizabeth and Shadow areas. Production is 1,179 barrels of oil equivalent per day. Proved reserves are 1.7 million barrels of oil equivalent, and proved and probable reserves are 2.6 million barrels equivalent. For more information, contact Tom Caldwell, 403-298-9729