Paramount Resources Ltd.

10:39 AM EST - Paramount Resources Ltd. : Has restored the majority of production that had been temporarily curtailed as a result of the Alberta wildfires. The Company has fully resumed operations in the Grande Prairie Region. Approximately 14,000 Boe/d of production in the Kaybob Region is currently shut-in, with all but 5,000 Boe/d expected to be on production within a week. The remaining 5,000 Boe/d will be restored as facilities and fields are able to be brought back online, which is expected to occur within a month. There has been no significant damage or loss to material owned or third-party infrastructure. Paramount Resources Ltd. shares T.POU are trading up $0.30 at $29.78.

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