Parex Resources Inc.

Parex, a company focused on Colombian oil exploration and production, is pleased to announce financial and operating results for the three months ended March 31, 2014. All amounts herein are in United States dollars unless otherwise stated. Q1 2014 Financial and Operational Highlights: Achieved a record quarterly oil production of 18,425 barrels per day, an increase of 7 percent over the three months ending December 31 [...]

Parex a company focused on Colombian oil exploration and production provides an operational update of its first quarter 2014 performance. Production Update: Q1 18,425 bopd and Q2 Forecast 19,000-19,500 bopd Achieved a record Q1 2014 oil production of approximately 18,425 barrels of oil per day, an increase of 28 percent over same the period ending March 31, 2013. To date in 2014, the Cabrestero and LLA-34 blocks have [...]

Parex Resources announced today that the Toronto Stock Exchange has approved the renewal of the Company's normal course issuer bid, which will terminate on March 17, 2014. Pursuant to the Prior Bid the Company purchased an aggregate of 352,400 common shares of the Company at a volume weighted average price of $4.39 per common share. The renewed normal course issuer bid (the "Bid"), pursuant to which Parex will purchase [...]

Parex, a company focused on Colombian oil exploration and production is pleased to report its operating and financial results for the three months and year ended December 31, 2013. All financial amounts are in United States dollars unless otherwise stated. 2013 Financial and Operational Highlights: Increased annual average oil production by 40 percent and, doubled proved plus probable reserves. This annual growth was [...]

Parex, a company focused on Colombian oil exploration and production announces the results of its 2013 year-end independent crude oil and natural gas reserves evaluation. The financial and operational information contained below is based on the Company's unaudited expected results for the year ended December 31, 2013. Highlights: Total proved reserve growth of 73 percent from the prior year, increasing from 10.1 million [...]

Parex provides an update respecting the lawsuit filed in the 61st Judicial District Court of Harris County, Texas on March 20, 2012, by a Texas based private company wherein Parex and its wholly owned subsidiaries Parex Resources Ltd. and Ramshorn International Limited have been named as defendants. As previously announced by Parex, the Lawsuit relates to a share purchase agreement entered into by the Plaintiff and a [...]

Parex Resources Inc., a company focused on Colombian oil exploration and production, is pleased to provide an operational update.Production: Average production for the periods below was approximately: October 1-December 31, 2013 (Q4): 17,285 bopd, an increase of 35% over the fourth quarter of 2012 and 7% greater than the prior quarter production; • December 1-December 31: 18,000 bopd with the addition of Tigana-1,

Parex Resources Inc., a company focused on Colombian oil exploration and production, is pleased to provide an operational update.Tigana: The Tigana-1 exploration well was spud on September 9, 2013. The Tigana Sur-1 exploratory well, targeting the next closure along trend and approximately 1,200 meters from Tigana-1, was spud on October 1, 2013. Both wells have been cased and both encountered potential oil in the upper [...]

Parex, a company focused on Colombian oil exploration and production, is pleased to announce its 2014 Guidance. All amounts herein are in United States dollars unless otherwise stated. 2014 Guidance Summary Building on our 2013 operational and exploration success, Parex plans a self funding 2014 capital investment program of approximately $250 million focused on growing Colombia production, reserves and identifying future [...]

Parex Resources, a company focused on Colombian oil exploration and production, is pleased to announce financial and operating results for the three months ended September 30, 2013. An update on current field activities and the Company's drilling schedule are also provided below. All amounts herein are in United States dollars unless otherwise stated.