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 and its byproducts and crude oil. The company was founded by

Clay Riddell Clayton Howard Riddell, OC (July 13, 1937 – September 15, 2018) was a Canadian billionaire businessman who was the founder, president and CEO of Paramount Resources, based in Calgary, Alberta. Early life He was born on a farm near Treherne, ...

. In addition to its own name, Paramount has several subsidiaries with names resembling those of

Hollywood Hollywood usually refers to: * Hollywood, Los Angeles, a neighborhood in California * Hollywood, a metonym for the cinema of the United States Hollywood may also refer to: Places United States * Hollywood District (disambiguation) * 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 barrels of oil equivalent per day (BOE/D) in its 2018 annual report, published in March 2019.

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* Companies listed on the Toronto Stock Exchange Oil companies of Canada Companies based in Calgary Non-renewable resource companies established in 1976 1976 establishments in Alberta {{canada-company-stub