Paramount Resources Ltd. Reports Production Results for the First Quarter Ended March 31, 2019; Reaffirms Production Guidance for Fourth Quarter and Year 2019
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.