Paramount Resources Ltd.: Notification of Annual General Meeting Webcast

FOR:  PARAMOUNT RESOURCES LTD.

TSX SYMBOL:  POU

JUNE 26, 2003 - 12:20 ET

Paramount Resources Ltd.: Notification of Annual General
Meeting Webcast

CALGARY, ALBERTA--Paramount Resources Ltd. will be webcasting its
Annual General Meeting at 5:30 p.m. EDT on Thursday, June 26,
2003. 

Participants may access the webcast over the Internet. Paramount
Resources recommends that webcast listeners/viewers register for
the webcast a few minutes prior to this event in order to ensure
they have downloaded the correct player for listening/viewing the
webcast. 

To access the live webcast: http://www.paramountres.com/ or
http://www.companyboardroom.com.

Paramount Resources Ltd. is a Canadian oil and natural gas
exploration, development and production company with operations
focused in Western Canada. The Company's common shares are listed
on the Toronto Stock Exchange under the symbol POU.

For further information: Paramount Resources Ltd., C. H. Riddell, Chief Executive Officer, (403) 290-3600, (403) 262-7994 (FAX), Paramount Resources Ltd., J. H. T. Riddell, President and Operating Officer, (403) 290-3600, (403) 262-7994 (FAX)