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Company Profile
Parex Resources Inc. is a Colombian focused, international oil and gas exploration and development company, headquartered in Calgary, Canada and publically listed on the Toronto Stock Exchange (TSX:PXT). Since inception in 2009, Parex has achieved material reserves, production and land growth. The Company holds interest in 22 blocks over 2.6 million gross acres land position in the prolific Llanos Basin and the Magdalena Basins of Colombia. The Company’s growth has been self-funded and focused on cost-effectiveness so as to maintain balance sheet strength. Current daily oil production averages 26,700 bopd with over 68 million barrels of Proved Plus Probable Reserves at year-end 2014.
For more information please visit the company website at www.parexresources.com
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