Parex Resources Inc. is pleased to announce that the Toronto Stock Exchange has approved the Company commencing a normal course issuer bid . Pursuant to the Bid, Parex will purchase for cancellation, from time to time, as it considers advisable, up to a maximum of 9,407,490 common shares of the Company . The Bid will commence on January 22, 2026, and will terminate on January 21, 2027, or such earlier time as the Bid is [...]
Parex Resources Inc. is pleased to publish its 2026 guidance. Additionally, the Company announces that Wayne Foo will be retiring as Board Chair and Director of the Board, effective May 12, 2026, and in line with succession planning, current Vice Chair and Director, Glenn McNamara, will assume the role of Chair. All amounts herein are in United States Dollars unless otherwise stated. Key Highlights Targeting FY 2026 [...]
Parex Resources Inc. announces a production update and the abandonment of the Guapo-1 exploration well at VIM-1 . All amounts herein are in United States Dollars unless otherwise stated. Q4 2025 Production Update Q4 2025 average production was 48,606 boe/d, an increase of 11% from Q3 2025. Strong production was supported by new wells at LLA-32 and LLA-74, with November reflecting elevated initial production rates and [...]
Parex Resources Inc. today announced that it has halted discussions with GeoPark Limited regarding the acquisition of GeoPark by Parex. Based on Parex's review of information provided by GeoPark since November 14, 2025, as well as virtual and in-person discussions with GeoPark management, Parex has determined that there is no basis to increase its view on the value of GeoPark common shares relative to the proposal to [...]
Parex Resources Inc. and its strategic partner Ecopetrol S.A. , are pleased to announce an update on their Llanos Foothills exploration program, where a full strategic alliance has effectively been achieved. Additionally, the Company provides an update on its corporate production and announces plans to release its 2026 guidance on January 19, 2026. Key Highlights Finalized Niscota agreement, strengthening Llanos Foothills [...]
Parex Resources is pleased to announce its financial and operating results for the three-month period ended Sept 30, 2025, the declaration of its Q4 2025 regular dividend of C$0.385 per share, as well as an operational update. "As we advance our 2025 plan, strong operational execution is fueling steady production growth and setting the stage for a strong start to 2026," commented Imad Mohsen, President & Chief Executive [...]
Parex Resources Inc. announces that it submitted a Proposal to the Board of Directors of GeoPark to acquire all outstanding common shares of GeoPark for US$9.00 per share in cash. Following a lack of constructive engagement with, and rejection of the Proposal by the Board of Directors of GeoPark , Parex has also acquired an 11.8% ownership position in GeoPark. The Proposal represents: a 44% premium to GeoPark's share [...]
Parex Resources Inc. announces a production update and expects to release its Q3 2025 financial and operating results on November 4, 2025. Q3 2025 Production Update Estimated Q3 2025 average production was 44,000 boe/d, with production in the quarter supported by strong base asset performance, growth at LLA-32, and positive exploration results, offset by lower production at Capachos. The prior quarter's average production [...]
In the news release, EnerCom Announces Andrew Rapp, Senior Advisor in the U.S. Department of Energy, as Keynote Speaker on August 18th at EnerCom's 30th Anniversary Energy Investment Conference, issued 06-Aug-2025 by EnerCom, Inc. over PR Newswire, we are advised by the company that the second paragraph should read "Chad Zamarin" rather than "Chris Zamarin" as originally issued inadvertently. The complete, corrected [...]
Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com Deadline to Submit One-on-One Meeting Requests to Presenting Companies is Friday, August 8th Registration still available for EnerCom Denver - The Energy Investment Conference, featuring a broad group of public and private energy companies at www.enercomdenver.com DENVER, Aug. 6, 2025 /PRNewswire/ -- EnerCom, Inc., a leading energy [...]
Landmark 30th Anniversary EnerCom Denver - The Energy Investment Conference Announces Energy Transition and Emerging Technology Session Schedule Qualified Investors and Analysts Can Register at No Cost at www.enercomdenver.com DENVER, July 31, 2025 /PRNewswire/ -- EnerCom, Inc., a leading energy consulting and strategic communications firm, announces the lineup of presenting companies for its Energy Transition and [...]
Parex Resources Inc. is pleased to announce its financial and operating results for the three-month period ended June 30, 2025, the declaration of its Q3 2025 regular dividend of C$0.385 per share, as well as an operational update. All amounts herein are in United States Dollars unless otherwise stated. "Our resilient business model, reinforced by favourable crude differentials and a continued focus on operational [...]