Parex Resources Inc.

Parex Resources provides a Q4 2014 operational update and a revision to its 2015 base capital budget from $300 million to $145-$155 million to reflect Brent oil prices of $50-$60 per barrel. With a revised base capital budget of $145-$155 million for 2015 Parex expects to be able to provide year over year annual production growth of 18% fully funded from cash flow from operations and maintain its strong balance sheet in a [...]

Parex, a company focused on Colombian oil exploration and production, is pleased to announce its 2015 full year guidance. All amounts herein are in United States dollars unless otherwise stated. Please note that a conference call to discuss Q3 results and 2015 Guidance is scheduled for Friday, November 7, 2014 beginning at 9:30 am MT. Building on our 2014 operational and exploration success, Parex plans to maintain its [...]

Parex, a company focused on Colombian oil exploration and production, is pleased to announce financial and operating results for the three months ended September 30, 2014. All amounts herein are in United States dollars unless otherwise stated. Please note that there will be a conference call on Friday, November 7, 2014 beginning at 9:30 am MT. Achieved a record quarterly oil production of 25,175 barrels per day, an [...]

Parex Resources announces an operational update. Production: Q3 2014 oil production was approximately 25,175 barrels of oil per day, an increase of 26 percent over the three months ending June 30, 2014 and in excess of the Q3 guidance range of 24,500-25,000 bopd. As previously guided, we expect Q4 2014 production to average approximately 25,500-26,500 bopd.

CALGARY, ALBERTA--(Marketwired - Aug 12, 2014) - Parex Resources Inc. ("Parex" or the "Company") (TSX:PXT) announces that it is issuing a notice of redemption to holders of its currently outstanding C$82,875,000 5.25% Extendible Convertible Unsecured Subordinated Debentures due June 30, 2016 (the "Debentures"). As set out in the notice of redemption, Parex will redeem, as of September 25, 2014 ("Redemption Date"), all of [...]

Parex Resources is pleased to announce financial and operating results for the three months ended June 30, 2014. All amounts herein are in United States dollars unless otherwise stated.

Parex Resources is pleased to announce the results of its updated reserves assessment as at June 30, 2014, increased production guidance and an operational update. All amounts are stated in US dollars the reporting currency of Parex.

Parex Resources and Verano Energy are pleased to announce that they have closed the previously announced plan of arrangement pursuant to which Parex acquired all of the issued and outstanding common shares of Verano for consideration of CAD$0.42 in cash and 0.0763 of a common share of Parex for each Verano Share. The aggregate consideration paid by Parex pursuant to the Arrangement was CAD$81 million in cash and the [...]

CALGARY, ALBERTA--(Marketwired - Jun 24, 2014) - NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES Parex Resources Inc. ("Parex" or the "Company") (TSX:PXT) and Verano Energy Limited ("Verano") are pleased to announce that the shareholders of Verano ("Verano Shareholders") have approved the previously announced plan of arrangement (the "Arrangement") pursuant to which Parex will acquire all of the issued and [...]

Parex is pleased to announce that on May 13, 2014 it held its annual general and special meeting of shareholders in Calgary. A total of approximately 64,523,473 common shares were represented at the Meeting in person or by proxy. At the Meeting, shareholders approved the election of eight nominees as directors of Parex to serve until the next annual meeting of shareholders or until their successors are elected or [...]