September 20, 2017 12:31 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Paramount Resources (TEC) Ltd.

Company Overview

Paramount Resources (TEC) Ltd. acquires, develops, produces, and sells natural gas, crude oil, and natural gas liquids in Canada. The company’s petroleum and natural gas properties are primarily located in the province of Alberta. Its total proved reserves and total proved plus probable reserves include 101.3 MMBoe and 117.4 MMBoe respectively. The company was formerly known as Trilogy Energy Corp. and changed its name to Paramount Resources (TEC) Ltd. in September 2017. Paramount Resources (TEC) Ltd. is headquartered in Calgary, Canada.

1400, 332 – 6th Avenue SW

Calgary, AB T2P 0B2

Canada

176 Employees

Phone:

403-290-2900

Fax:

403-263-8915

Key Executives for Paramount Resources (TEC) Ltd.

President & COO
Total Annual Compensation: C$314.4K
Chief Financial Officer
Age: 49
Total Annual Compensation: C$304.1K
General Counsel & Corporate Secretary
Total Annual Compensation: C$217.5K
Compensation as of Fiscal Year 2016.

Paramount Resources (TEC) Ltd. Key Developments

Trilogy Energy To Be Deleted From Other OTC

Trilogy Energy Corp.'s ordinary shares (Canada) will be deleted from Other OTC, effective September 18, 2017. The deletion is due to Acquisition/Merger/Amalgamation.

Trilogy Energy Corp. has Changed its Name to Paramount Resources (TEC) Ltd

On September 12, 2017, Trilogy Energy Corp. changed its name to Paramount Resources (TEC) Ltd.

Trilogy Energy To Be Delisted From Toronto Stock Exchange

Paramount Resources Ltd. and Trilogy Energy Corp. have completed a previously announced merger. Under the merger, Paramount has acquired all of the outstanding Trilogy shares not already owned by it in exchange for Paramount shares, on the basis of one Paramount share for every 3.75 Trilogy shares. As a result, Trilogy expects that its shares will be delisted from the Toronto Stock Exchange at the close of business on or about Sept. 15, 2017.

Similar Private Companies By Industry

Company Name Region
0770728 BC Ltd. Americas
0893624 B.C. Ltd. Americas
101047025 Saskatchewan Ltd. Americas
1089814 Alberta Ltd. Americas
1211115 Alberta Ltd. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 6, 2017
--
Merger/Acquisition
May 25, 2017
Trilogy Energy, 9.75 Net Sections of Duvernay Mineral Rights & 11% Interest in NonOperated Gas Plant
Merger/Acquisition
May 1, 2017
Trilogy Energy Corp., Certain Assets in Grande Prairie, Alberta
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