Sept 14 (Reuters) - Paramount Resources Ltd POU.TO :
* PARAMOUNT RESOURCES LTD. PROVIDES OPERATIONS UPDATE AND REVISED 2020 GUIDANCE
* ACCELERATING $60 MILLION OF DEVELOPMENT ACTIVITIES AT KARR AND WAPITI FROM 2021 INTO SECOND HALF OF 2020
* SALES VOLUMES EXPECTED TO AVERAGE BETWEEN 62,500 AND 67,500 BOE/D IN SECOND HALF OF 2020
* PARAMOUNT RESOURCES - WAPITI PLANT IS CURRENTLY ANTICIPATED TO BE OPERATIONAL WEEK OF SEPTEMBER 21, 2020
* INCREASING 2020 CAPITAL GUIDANCE TO $225 MILLION FROM $165 MILLION
* PARAMOUNT RESOURCES - EXPECTS SALES VOLUME TO AVERAGE BETWEEN 60,000 BOE/D TO 62,000 BOE/D FOR Q3
* PARAMOUNT RESOURCES - EXPECTS SALES VOLUME TO AVERAGE BETWEEN 67,000 BOE/D TO 72,000 BOE/D FOR Q4
* AT WAPITI, PRODUCTION CONTINUES TO BE SHUT-IN DUE TO UNPLANNED OUTAGE AT WAPITI PLANT
* PARAMOUNT RESOURCES - OPERATOR OF WAPITI PLANT ADVISED PARAMOUNT THAT REPAIRS EXPECTED TO BE COMPLETE AND PLANT OPERATIONAL WEEK OF SEPTEMBER 21
* IMPACT OF THIS OUTAGE IS ESTIMATED AT APPROXIMATELY 2,500 BOE/D FOR SECOND HALF OF 2020