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Paramount Resources
Paramount Resources Ltd. is a Canadian petroleum company, founded in 1976. The company is involved in the exploration, development, production, processing, transportation and marketing of natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ... and its byproducts and crude oil. The company was founded by Clay Riddell. In addition to its own name, Paramount has several subsidiaries with names resembling those of Hollywood companies, including Fox Drilling, Summit Resources, and Pixar Petroleum. It also retains significant investment in MGM Energy, which it spun off in 2007. In 2017, Paramount acquired Apache Canada Ltd. for C$459.5 million and merged with Trilogy Energy Corp which itself was originally spun-off from Paramount. Paramount reported an output of 85,941 barr ...
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Paramount Resources Ltd
Paramount (from the word ''paramount'' meaning "above all others") may refer to: Entertainment and music companies * Paramount Global, also known simply as Paramount, an American mass media company formerly known as ViacomCBS. The following businesses are historically linked to this company, but not all are related by current ownership. **Paramount+, an American streaming video service formerly known as CBS All Access **Paramount Animation, an animation studio and division of Paramount Pictures founded in 2011 **Paramount Communications, a company known as Gulf and Western Industries until 1989, acquired by Viacom in 1994 **Paramount Home Entertainment, a division of Paramount Pictures for home video distribution founded in 1976 **Paramount Network, a current cable network previously called TNN and Spike TV **Paramount Parks, a former subsidiary chain of theme parks ** Paramount Pictures, an American film studio, that serves as Paramount Global's namesake **Paramount Players, a con ...
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Cinema Of The United States
The cinema of the United States, consisting mainly of major film studios (also known as Hollywood) along with some independent film, has had a large effect on the global film industry since the early 20th century. The dominant style of American cinema is classical Hollywood cinema, which developed from 1913 to 1969 and is still typical of most films made there to this day. While Frenchmen Auguste and Louis Lumière are generally credited with the birth of modern cinema, American cinema soon came to be a dominant force in the emerging industry. , it produced the third-largest number of films of any national cinema, after India and China, with more than 600 English-language films released on average every year. While the national cinemas of the United Kingdom, Canada, Australia, and New Zealand also produce films in the same language, they are not part of the Hollywood system. That said, Hollywood has also been considered a transnational cinema, and has produced multiple lan ...
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Companies Based In Calgary
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Oil Companies Of Canada
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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Companies Listed On The Toronto Stock Exchange
The list of companies listed on the Toronto Stock Exchange is divided by initial: *Companies listed on the Toronto Stock Exchange (0-9) *Companies listed on the Toronto Stock Exchange (A) * Companies listed on the Toronto Stock Exchange (B) * Companies listed on the Toronto Stock Exchange (C) *Companies listed on the Toronto Stock Exchange (D) * Companies listed on the Toronto Stock Exchange (E) *Companies listed on the Toronto Stock Exchange (F) * Companies listed on the Toronto Stock Exchange (G) * Companies listed on the Toronto Stock Exchange (H) * Companies listed on the Toronto Stock Exchange (I) *Companies listed on the Toronto Stock Exchange (J) * Companies listed on the Toronto Stock Exchange (K) *Companies listed on the Toronto Stock Exchange (L) * Companies listed on the Toronto Stock Exchange (M) *Companies listed on the Toronto Stock Exchange (N) *Companies listed on the Toronto Stock Exchange (O) *Companies listed on the Toronto Stock Exchange (P) *Companies listed on t ...
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Barrel Of Oil Equivalent
The barrel of oil equivalent (BOE) is a unit of energy based on the approximate energy released by burning one barrel (, or ) of crude oil. The BOE is used by oil and gas companies in their financial statements as a way of combining oil and natural gas Natural gas (also called fossil gas or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane in addition to various smaller amounts of other higher alkanes. Low levels of trace gases like carbo ... reserves and production into a single measure, although this energy equivalence does not take into account the lower financial value of energy in the form of gas. The U.S. Internal Revenue Service defines a BOE as equal to 5.8 million BTU. (, about [Higher heating value, HHV], or about .) The value is necessarily approximate as various grades of oil and gas have slightly different heating values. If one considers the lower heating value instead of the higher heating value, the value ...
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The Globe And Mail
''The Globe and Mail'' is a Canadian newspaper printed in five cities in western and central Canada. With a weekly readership of approximately 2 million in 2015, it is Canada's most widely read newspaper on weekdays and Saturdays, although it falls slightly behind the ''Toronto Star'' in overall weekly circulation because the ''Star'' publishes a Sunday edition, whereas the ''Globe'' does not. ''The Globe and Mail'' is regarded by some as Canada's " newspaper of record". ''The Globe and Mail''s predecessors, '' The Globe'' and ''The Mail and Empire'' were both established in the 19th century. The former was established in 1844, while the latter was established in 1895 through a merger of ''The Toronto Mail'' and the ''Toronto Empire''. In 1936, ''The Globe'' and ''The Mail and Empire'' merged to form ''The Globe and Mail''. The newspaper was acquired by FP Publications in 1965, who later sold the paper to the Thomson Corporation in 1980. In 2001, the paper merged with broadcast ...
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Corporate Spin-off
A corporate spin-off, also known as a spin-out, or starburst or hive-off, is a type of corporate action where a company "splits off" a section as a separate business or creates a second incarnation, even if the first is still active. Characteristics Spin-offs are divisions of companies or organizations that then become independent businesses with assets, employees, intellectual property, technology, or existing products that are taken from the parent company. Shareholders of the parent company receive equivalent shares in the new company in order to compensate for the loss of equity in the original stocks. However, shareholders may then buy and sell stocks from either company independently; this potentially makes investment in the companies more attractive, as potential share purchasers can invest narrowly in the portion of the business they think will have the most growth. In contrast, divestment can also sever one business from another, but the assets are sold off rather t ...
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Apache Corporation
APA Corporation is the holding company for Apache Corporation, an American company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in Houston. The company is ranked 431st on the Fortune 500. Current operations In 2021, the company's total production was per day, of which 59% was in the United States, 29% was in Egypt, and 12% was in the North Sea. As of December 31, 2021, the company had of estimated proved reserves, of which 68% was in the United States, 20% was in Egypt, and 12% was in the North Sea. Almost all of the company's reserves in the United States are in the Permian Basin. The company also has reserves in western Oklahoma, the Texas Panhandle, and south Texas. The company has been operating in remote areas of the Libyan Desert in Egypt since 1994 and has not experienced disruptions from political turmoil. The company has been operating in the North Sea since 2003, predominantly in the Forties oilfield. History In 1954, the Apa ...
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MGM Energy
MGM Energy Corp. is a Canadian petroleum company that was spun off from Paramount Resources in 2007. The company is involved in the acquisition and development of petroleum in Canada's Northwest Territories. The CEO is Henry Sykes. In October 2013 Sykes complained that the requirement to conduct environmental assessments was impeding Canadian companies, compared with their US competitors, when his firm was seeking permission to engage in hydraulic fracking in the environmentally sensitive Canol shale play The Canol shale play is the name for a region of Canada's Northwest Territories that is being investigated as a potential source of tight oil (also referred to as shale oil). The region centers around the known reserves of conventionally exploitable ... region—even though the first fracking well were drilled without any environmental assessment at all. References External links * Oil companies of Canada Companies based in Calgary {{canada-company-stub ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include ''Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve Fo ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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