Moody's Ratings places Paramount's ratings under review for downgrade
Moody's Ratings (Moody's) placed Paramount Resources Ltd.'s (Paramount) ratings on review for downgrade, including the Ba2 corporate family rating (CFR), the Ba2-PD probability of default rating (PDR) and the Ba2 senior secured revolving credit facility. The SGL-1 Speculative Grade Liquidity Rating ...Paramount Resources is a Canadian energy company engaged in the exploration, development, production, processing, transportation and marketing of natural gas, curde oil & natural gas liquids. Co.'s principal properties are located in Alberta, the Northwest Territories, British Columbia, and Saskatchewan in Canada, and in North Dakota and Montana in the United States.
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