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 is an independent, publicly traded, liquids-focused Canadian energy company that explores for and develops both conventional and unconventional petroleum and natural gas reserves and resources, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. The Company’s principal properties are located in Alberta and British Columbia. Paramount’s Class A common shares are listed on the Toronto Stock Exchange under the symbol “POU”.