Parex Resources Inc.

Parex Resources Inc. is pleased to announce the results of its annual independent reserves assessment as at December 31, 2021, as well as provide an operational update. The Company also announces the declaration of a first quarter 2022 regular dividend of CAD$0.14 per common share to be paid on March 30, 2022 to shareholders of record on March 15, 2022, representing a 12% increase from the Company's fourth quarter 2021 [...]

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 11,820,533 common shares of the Company. The Bid will commence on January 4, 2022 and will terminate on January 3, 2023 or such earlier time as the Bid is completed or [...]

Parex Resources Inc. , is a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production. All amounts herein are in United States Dollars unless otherwise stated. Parex is pleased to announce its 2022 budget guidance and provide an update to its framework for returning capital to shareholders. Imad Mohsen, President and CEO of Parex commented: "One of the elements that [...]

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 [...]