The Company’s Kaybob properties are located in the greater Kaybob area near Fox Creek, Alberta andinclude the Kaybob North Duvernay development and other natural gas and oil producing properties.Paramount’s Kaybob land holdings include approximately 110,000 net acres of Duvernay rights andapproximately 180,000 net acres of Montney rights.
The Kaybob properties had average sales volumes of 19,413 Boe/d in the second quarter of 2026 (32.0 MMcf/d of shale gas, 38.1 MMcf/d of conventional natural gas, 6,965 Bbl/d of NGLs, 705 Bbl/d of light and medium crude oil and 52 Bbl/d of tight oil).