Development activities in the Central Alberta and Other Region are focused on the Willesden Green Duvernay property, which was significantly expanded through two acquisitions completed in 2022. Paramount has 811,000 net acres of land in the Central Alberta and Other Region, including 240,000 net acres of Duvernay rights at Willesden Green and 19,000 net acres of shale gas holdings in the Horn River Basin in northeast British Columbia.

Sales volumes for the Central Alberta & Other Region averaged 8,055 Boe/d in the second quarter of 2023 (comprised of 28.2 MMcf/d of shale gas, 5.5 MMcf/d of conventional natural gas, 1,739 Bbl/d of NGLs and 701 Bbl/d of crude oil).