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Stocks in play: Paramount Resources Ltd

Baystreet.ca
·1 min read

Was notified by Keyera Corp. on August 17, of an unplanned outage of the Keyera Wapiti Gas Plant related to an issue with the waste heat recovery system. On August 27, Keyera further advised that the extent of the issue is more widespread than previously indicated and that it is now unable to provide a definitive indication of the duration of the outage.Sales volumes at Wapiti during the second quarter of 2020 averaged 14,940 Boe/d. Paramount is continuing to monitor the situation and is assessing coverage under its business interruption insurance in the event that the duration of the outage exceeds 30 days. Paramount Resources Ltd shares T.POU are trading up $0.02 at $2.64.

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