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Paramount Resources Announces Closing of Fox Drilling Sale, Distribution of AKITA Drilling Shares and Successful Startup of Alhambra Expansion

Newswire.ca - Tue Jun 30, 7:45AM CDT

CALGARY, AB, June 30, 2026 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX: POU) is pleased to announce that it has closed the sale of its Fox Drilling subsidiary to AKITA Drilling Ltd. ("AKITA"). The Company is also pleased to announce that it has successfully started up the second phase expansion of its Alhambra Plant in Willesden Green.

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