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Paramount merged with Trilogy & bought from Apache - 1 Year Ago
The largest pair of early 3Q17 deals both had Paramount Resources as the buyer. Paramount doubled its acreage position, tripled its 1P and 2P reserves and quadrupled its production through a $996.5 million merger with Trilogy Energy and $496 million acquisition of Apache’s remaining Canadian business. The deals took the company from a junior to a mid-cap producer with a diversified production base in the Montney and a large drilling inventory in the Duvernay......
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