Parex Resources Inc.

Parex Resources provides an operational update. Production: Q1 2017 production was approximately 32,600 barrels of oil equivalent, an increase of 5% from 31,049 boe/d in the prior quarter. For Q2 2017, we expect production to average 34,000 boe/d for an overall increase of approximately 10% for the first half of the year.

Parex Resources is pleased to announce its financial and operating results for the year ended and the three months ended December 31, 2016. All amounts herein are in United States dollars unless otherwise stated. Please note that Parex will hold a conference call on Wednesday, March 8, 2017 beginning at 9:30 AM Mountain Time to discuss the 2016 year-end and fourth quarter results.

Parex Resources is pleased to announce the results of its annual independent reserves assessment as at December 31, 2016. The Company recorded strong reserves growth for the 7th consecutive year primarily due to an active exploration and development drilling program in 2016. The financial and operational information contained below is based on the Company's unaudited expected results for the year ended December 31, 2016 [...]

Parex Resources announces the following executive appointments and changes to the Board of Directors. Pursuant to the Company's director retirement policy, both Norman McIntyre, the Company's Chair of the Board, and John Bechtold, Director and Chair of the Reserves and Operations Committee of the Board, have stated their intention to not stand for re-election as directors of the Company and to retire from the Board at the [...]

Parex Resources provides an operational update. Production: Q4 2016 production was approximately 31,000 boe/d (99% crude oil) compared to 29,754 boed/d in the prior quarter. Full year 2016 production was approximately 29,700 boe/d, representing 8% year-over-year production growth. For Q1 2017, we expect production to average 32,000 boe/d. Aguas Blancas (working interest ("WI") 50%): Parex has completed the drilling of the [...]

Parex Resources announces its unaudited financial and operating results for the three months ended September 30, 2016. All amounts herein are in United States dollars unless otherwise stated. Due to the observance of Remembrance Day on Friday, November 11, 2016, the conference call to discuss Q3 results will be held on November 14, 2016 beginning at 9:30 am Mountain Time (11:30 am Eastern Time) instead of one day [...]

Parex Resources announces its 2017 production and capital budget guidance. All amounts herein are in United States dollars. 2017 Production and Base Capital Budget Guidance. Parex has a robust asset portfolio that allows for a growing and a self-funded business model. Assuming a full year 2017 Brent oil price scenario of approximately $50 per barrel, our 2017 production and capital budget guidance is as follows:

Parex Resources is pleased to announce the appointments of Mr. Bob MacDougall and Mr. Glenn McNamara to the Board of Directors effective immediately. Mr. MacDougall is a professional engineer with close to thirty years of domestic and international oil and gas operations and development and senior executive management experience. Mr. MacDougall most recently served as Executive Vice President & Chief Operating Officer of [...]

Parex Resources, provides an operational update. Throughout September 2016, Parex expects to accelerate its drilling program, with rigs mobilizing to the following locations:

CALGARY, ALBERTA--(Marketwired - April 15, 2015) - NOT FOR DISSEMINATION IN THE UNITED STATES - FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW Parex Resources Inc. ("Parex" or the "Company" or "we") (TSX:PXT) is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Scotia Capital Inc. and FirstEnergy Capital Corp. (the [...]