Paramount Resources Ltd. reported production results for the first quarter ended March 31, 2019. For the quarter, the company reported total sales volume of 81,296 Boe/d against 84,495 Boe/d a year ago.

The company is reaffirming its 2019 production guidance, including first half average sales volumes of between 80,000 Boe/d and 81,000 Boe/d and annual average sales volumes of between 81,000 Boe/d and 85,000 Boe/d. Production is expected to increase in the second half of the year as Wapiti ramps up, with fourth quarter sales volumes expected to average between 85,000 Boe/d and 90,000 Boe/d.