Parex Resources Inc.

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News

Parex Resources Inc., a company headquartered in Calgary, Alberta, participated in the June 2019 Agencia Nacional de Hidrocarburos (…

Calgary, Alberta-based Parex Resources Inc. said the Andina Norte-1 exploration well hit oil- and gas-bearing reservoirs in the Une…

Colombia's state-run oil company Ecopetrol will split its participation in three oil fields equally with Canada's Parex Resources,…

An expert commission convened by the government to study the use of hydraulic fracturing recommended strict monitoring of three pilot…

New Financings

Report Date Type Amount (MM) Description
2015-05-05 Parex Resources Inc. - 2015-05-05 Equity CA$136.80

Closed bought deal financing. About 14.9 million common shares were priced at C$9.15 each. Currently,…

Activity Highlights

Parex Resources announced an oil discovery at exploration well #1-Andina on the Capachos Block in Colombia’s Llanos Basin. The well encountered the primary Guadalupe Formation reservoir at 16,700 ft and was drilled to 17,500 ft to evaluate a…