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.
Parex Resources announces that its subsidiary Parex Resources (Trinidad) Ltd. has signed a farm-out agreement on the Moruga Block and has given notice that it will relinquish the Central Range Blocks.
CALGARY, Sept. 13, 2013 /CNW/ - Notification of live webcast event: Parex Resources Inc. (TSX: PXT) Live webcast presentation MONDAY, 16 SEPTEMBER 2013, 1:45 PM BST (8:45 AM ET) To listen and view this online event, please visit: http://jetslides.tv/lobby/917 The presentation will be available in an archived version at this link for 60 days following the live presentation. SOURCE Parex Resources Inc. ...
CALGARY, Sept. 9, 2013 /CNW/ - (TSX: PXT ) Parex Resources Inc. announced they will host their Peters & Co. Limited 2013 Energy Conference webcast on 12-Sep-13 at 11:00 AM ET. Please visit http://www.newswire.ca/en/webcast/detail/1213669/1332103 to join the webcast. For a complete program of the September 10th Conference webcasts please visit http://extras.newswire.ca/peters2013/index12.html Create your own MY CNW [...]
Parex Resources is pleased to announce financial and operating results for the three months ended June 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.
Parex Resources is pleased to announce the results of its updated reserves assessment as evaluated by GLJ Petroleum Consultants as at June 30, 2013. All amounts are stated in US dollars the reporting currency of Parex.
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