The primary focus in the Grande Prairie Region is the Karr and Wapiti Montney properties, located southeast of Grande Prairie, Alberta, in the over-pressured, liquids-rich Deep Basin Montney trend.
Paramount’s primary focus in the Grande Prairie Region is its Karr and Wapiti Montney properties, located south of the city of Grande Prairie, Alberta in the over-pressured, liquids-rich Deep Basin Montney trend. The Company’s land holdings in the Grande Prairie Region include 109,000 net acres of Montney rights at Karr and Wapiti.
Sales volumes for this Region averaged 67,163 Boe/d in the first quarter of 2024 (comprised of 201.6 MMcf/d of shale gas, 0.2 MMcf/d of conventional natural gas, 33,395 Bbl/d of NGLs and 141 Bbl/d of crude oil.
