Paramount Resources (POU) Corporate presentation summary

Corporate overview and financial highlights

• Holds significant land positions in major Canadian unconventional resource plays, with 47% insider ownership and a market capitalization of $4.1 billion as of mid-2026.

• Forecasts 2026 production of 51,000–53,000 Boe/d (49% liquids), targeting over 100,000 Boe/d by end of 2027.

• Well-capitalized with $450 million in cash and $750 million in undrawn credit facilities as of June 2026.

• Over $3.3 billion returned to shareholders since 2021 through dividends, special distributions, and share buybacks.

• 2026 midpoint capital expenditures projected at ~$1,050 million, with $1,000 million planned for 2027.

Production growth and asset development

• Major growth driven by Willesden Green Duvernay and Sinclair Montney, both targeting plateau production levels sustainable for 20+ years.

• Willesden Green Duvernay: Expanded to 350,000 net acres, with Alhambra Plant phase two completed in June 2026 and phase three under evaluation.

• Sinclair Montney: 400 MMcf/d gas plant under construction, targeting >50,000 Boe/d plateau, with strong well test results and 24 new wells planned for 2027 start-up.

• Kaybob North Duvernay: 35 wells onstream by June 2026, leveraging existing infrastructure for high-netback production.

• Northeast Alberta heavy oil: 1.3 million net acres, with regulatory approval for a 10,000 Bbl/d SAGD pilot at Hoole and ongoing evaluation of scalable thermal projects.

Inventory, investments, and risk management

• Maintains a significant inventory of high-return opportunities across all asset areas, with a focus on measured, long-term development.

• Holds investments in public and private companies valued at over $140 million, including Sultran and Canadian Premium Sand.

• Risk management includes hedging for liquids, natural gas, electricity, and foreign exchange, with diversified gas sales markets.