Parex Resources Inc. is a company headquartered in Calgary, Alberta that focuses on sustainable, profitable, conventional oil and gas production. The Company is pleased to announce its financial and operating results for the year and the three months ended December 31, 2020. All amounts herein are in United States dollars unless otherwise stated. Please note that Parex will hold a conference call on Thursday, March 4 [...]
Parex Resources Inc. is pleased to announce the results of its annual independent reserves assessment as at December 31, 2020 and to provide an operational update. The financial and operational information contained below is based on the Company's unaudited expected results for the year ended December 31, 2020. All currency amounts are in United States dollars, unless otherwise stated. 2020 Year-End Corporate Reserves [...]
Parex Resources Inc. , is a company headquartered in Calgary, Alberta that focuses on sustainable, profitable, conventional oil and gas production. All currency amounts are in United States dollars, unless otherwise stated. Operational Update Production: Q4 2020 average production is estimated at 46,550 boe/d compared to Parex’ guidance of 45,500-47,500 boe/d. We expect Q1 2021 production to average 46,500-47,500 boe/d [...]
Parex Resources Inc. announced today 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 12,868,562 common shares of the Company. The Bid will commence on December 23, 2020 and will terminate on December 22, 2021 or such earlier time as the Bid is [...]
Parex Resources Inc. , a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, herein announces that Mr. Dave Taylor has elected to retire from the Company under its normal course retirement policy, coincident with his 65th birthday, as of the Annual General Meeting of the Company's shareholders in May 2021. Mr. Taylor joined Petro Andina, the precursor company to Parex in 2007 [...]
Parex Resources Inc. , a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended September 30, 2020 . All amounts herein are in United States Dollars unless otherwise stated. Please note Parex will hold a conference call on Thursday, November 5, 2020 beginning at 9:30 am Mountain Time to discuss the Third Quarter results. 2020 Third [...]
Parex Resources Inc. , a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update. All currency amounts are in United States dollars, unless otherwise stated. Share Buy-Back: Pursuant to the normal course issuer bid that commenced on December 23, 2019, Parex has increased the maximum daily cumulative share purchase amount under the NCIB's automatic [...]
Parex Resources Inc. , a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended June 30, 2020 . All amounts herein are in United States Dollars unless otherwise stated. Please note Parex will hold a conference call on Thursday, August 6, 2020 beginning at 9:30 am Mountain Time to discuss the Second Quarter results. 2020 Second Quarter [...]
Parex Resources Inc. , a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update. All currency amounts are in United States dollars, unless otherwise stated. Business Update: Strong Realized Pricing Drives Increased Activity With greater visibility to stabilizing netbacks and community safety, Parex is developing action plans to return shut-in [...]
Parex Resources Inc. is pleased to announce that on May 14, 2020 it held its annual general and special meeting of shareholders and all matters presented for approval have been fully authorized and approved. At the Meeting, shareholders approved the election of nine nominees as directors of Parex to serve until the next annual meeting of shareholders or until their successors are elected or appointed. The results of the [...]
Parex Resources Inc. , a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended March 31, 2020 . All amounts herein are in United States Dollars unless otherwise stated. Please note Parex will hold its Annual General and Special Meeting of Shareholders virtually on Thursday, May 14, 2020 beginning at 9:30 am . Following the conclusion [...]
Parex Resources Inc. , a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, announces measures to protect the Company’s financial strength in response to the significant decrease in global energy prices and the COVID-19 pandemic. The Company’s priority remains the health and safety of its employees, partners and the communities where we operate. All currency amounts are in [...]