Paramount is selling its Karr 6-18 natural gas facility to CSV Midstream Solutions for $255 mm, in addition to being reimbursed $75 mm for the D2 expansion costs accrued to date, and a further $140 mm to complete the expansion, for a total transaction value of $470 mm
28 Jun 2019
Monetizes Karr 6-18 facility and secures D2 expansion in deal worth $470 mm
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Monetizes Karr 6-18 facility and secures D2 expansion in deal worth $470 mm
Paramount Resources Ltd. Class A (POU:TSE) | 0 0 -0.2% | Mkt Cap: 2,314m
- Published:
28 Jun 2019 -
Author:
Cody R. Kwong -
Pages:
6
Paramount is selling its Karr 6-18 natural gas facility to CSV Midstream Solutions for $255 mm, in addition to being reimbursed $75 mm for the D2 expansion costs accrued to date, and a further $140 mm to complete the expansion, for a total transaction value of $470 mm