GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paramount Resources Ltd (TSX:POU) » Definitions » Dry Hole Expense (USD Mil)

Paramount Resources (TSX:POU) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


View and export this data going back to 1995. Start your Free Trial

What is Paramount Resources Dry Hole Expense (USD Mil)?

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well.

The historical rank and industry rank for Paramount Resources's Dry Hole Expense (USD Mil) or its related term are showing as below:

TSX:POU's Dry Hole Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

Paramount Resources Dry Hole Expense (USD Mil) Historical Data

The historical data trend for Paramount Resources's Dry Hole Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paramount Resources Dry Hole Expense (USD Mil) Chart



Paramount Resources  (TSX:POU) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.


Paramount Resources Dry Hole Expense (USD Mil) Related Terms

Thank you for viewing the detailed overview of Paramount Resources's Dry Hole Expense (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.


Paramount Resources (TSX:POU) Business Description

Traded in Other Exchanges
Address
888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5
Paramount Resources Ltd is a Canadian energy company that explores, develops, produces, and markets natural gas, crude oil, and natural gas liquids. The company takes part in exploration and production in Alberta and British Columbia. Sales for Paramount's products are priced in a multitude of markets that span the United States and Canada. Depending on the product, contracts can have daily, monthly, or long-term agreements. Assets for exploration and production are acquired by way of royalties that are paid to provincial governments and freehold landowners.
Executives
Mark Gordon Franko Senior Officer

Paramount Resources (TSX:POU) Headlines

No Headlines