Parex Resources Inc. , a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended September 30, 2021 . All amounts herein are in United States Dollars unless otherwise stated. Key Highlights Parex' board of directors approves a dividend for the fourth quarter of 2021 in the [...]
Parex Resources Inc. , a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended June 30, 2021 . All amounts herein are in United States Dollars unless otherwise stated. 2021 Second Quarter Highlights Quarterly average production was 43,900 barrels of oil equivalent per day of [...]
Parex Resources Inc. is a company headquartered in Calgary that focuses on sustainable, profitable, and conventional oil and gas production. All amounts herein are in United States dollars unless otherwise stated. Strategic Partnership Agreements with Ecopetrol in Colombia's Arauca Province: Accessing High Quality Llanos Basin Development & Exploration Opportunities Parex is pleased to be expanding its strategic [...]
Parex Resources Inc. is a company headquartered in Calgary that focuses on sustainable, profitable, conventional oil and gas production. Production Guidance Revised Due to Transportation Blockades A series of protests across Colombia during May 2021 have resulted in transportation blockades that have restricted the production and marketing of Parex' crude oil. Additionally, the transportation blockades impeded the supply [...]
Parex Resources Inc. is pleased to announce that on May 6, 2021 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 headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended March 31, 2021 . All amounts herein are in United States Dollars unless otherwise stated. 2021 First Quarter Highlights: Best-in-Class Balance Sheet Quarterly average production was 46,779 barrels [...]
Parex Resources Inc. , is a company headquartered in Calgary that focuses on sustainable, profitable, conventional oil and gas production. All currency amounts are in United States dollars, unless otherwise stated. Operational Update - Applying Free Cash Flow to Accelerate Colombian Appraisal & Exploration Portfolio Higher Brent oil prices to date in 2021 and Parex' unhedged oil price exposure are expected to contribute [...]
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 [...]
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