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BRIEF-Paramount Resources Says Announced Appointment Of Paul Kinvig To Role Of CFO

Published 2020-03-04, 07:49 a/m
BRIEF-Paramount Resources Says Announced Appointment Of Paul Kinvig To Role Of CFO

March 4 (Reuters) - Paramount Resources Ltd POU.TO :

* PARAMOUNT RESOURCES LTD. REPORTS 2019 ANNUAL RESULTS AND PROVIDES 2020 GUIDANCE

* PARAMOUNT RESOURCES - 2020 CAPITAL BUDGET EXPECTED TO RANGE BETWEEN $350 MILLION- $450 MILLION, EXCLUDING LAND ACQUISITIONS, ABANDONMENT, RECLAMATION ACTIVITIES

* PARAMOUNT RESOURCES - MAY ALSO DETERMINE TO DIVEST OF ASSETS OR INVESTMENTS IN SECURITIES TO RAISE CAPITAL TO REDUCE INDEBTEDNESS OR FUND OPERATIONS

* PARAMOUNT RESOURCES LTD - COMMITTED TO MANAGING CAPITAL RESOURCES AND MAY ADJUST ITS CAPITAL PLANS DEPENDING ON COMMODITY PRICES AND OTHER FACTORS

* PARAMOUNT RESOURCES LTD - ANNOUNCED APPOINTMENT OF PAUL KINVIG TO ROLE OF CFO

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