Article: Paramount Resources Ltd. Closes its Previously Announced Transaction with North American Oil Sands Corporation

CALGARY, ALBERTA--(CCNMatthews - April 11, 2006) - Paramount Resources Ltd. (TSX:POU) ("Paramount") has closed its previously announced transaction with North American Oil Sands Corporation ("North American"). As a result of the transaction, Paramount has vended its 50% interest in a SAGD oil sands joint venture to North American for common shares of ...

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