Paramount Resources leads drilling operators in Northwest Territories - February 01, 2004

Providing coverage of Alaska and northern Canada's oil and gas industryFebruary 2004

Vol. 9, No. 5

Week of February 01, 2004

Paramount Resources leads drilling operators in Northwest Territories

Gary Park

Petroleum News Calgary correspondent

Paramount Resources, focused on its interests in the Fort Liard area of the Northwest Territories, led the operators of new wells in Canada’s North last year.

The Calgary-based E&P company logged three exploratory wells (two striking gas and one a dry hole), to lead all other explorers in the Northwest Territories.

Chevron Canada Resources and Anadarko Canada logged one gas discovery each, while Devon Canada and Devlan Exploration had one dry hole each. Chevron also completed one gas development hole.

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