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Paramount merged with Trilogy & bought from Apache - 1 Year Ago



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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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