Latest news with #ParexResourcesInc
Hamilton Spectator
03-07-2025
- Business
- Hamilton Spectator
Parex Resources Announces Production Update and Timing of Q2 2025 Results
CALGARY, Alberta, July 03, 2025 (GLOBE NEWSWIRE) — Parex Resources Inc. ('Parex' or the 'Company') (TSX: PXT) announces a production update and plan to release its Q2 2025 financial and operating results on July 30, 2025. Q2 2025 Production Update(1)(2) Monthly Production Breakdown(1)(2) (1) See 'Product Type Disclosure.' (2) Average production numbers are preliminary, subject to final reconciliation, and rounded for presentation purposes. Q2 2025 Conference Call & Webcast Parex will host a conference call and webcast to discuss its Q2 2025 results on Wednesday, July 30, 2025, beginning at 9:30 am MT (11:30 am ET). To participate in the conference call or webcast, please see the access information below: About Parex Resources Inc. Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The Company's corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT. For more information, please contact: Mike Kruchten Senior Vice President, Capital Markets & Corporate Planning Parex Resources Inc. 403-517-1733 Steven Eirich Senior Investor Relations & Communications Advisor Parex Resources Inc. 587-293-3286 NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES Product Type Disclosure (1) Average production numbers are preliminary, subject to final reconciliation, and rounded for presentation purposes. Oil & Gas Matters Advisory The term 'Boe' means a barrel of oil equivalent on the basis of 6 thousand cubic feet ('mcf') of natural gas to 1 barrel ('bbl'). Boe may be misleading, particularly if used in isolation. A boe conversion ratio of 6 mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. Given the value ratio based on the current price of crude oil as compared to natural gas is significantly different from the energy equivalency of 6 mcf: 1 bbl, utilizing a conversion ratio at 6 mcf: 1 bbl may be misleading as an indication of value. Abbreviations The following abbreviations used in this press release have the meanings set forth below: PDF available:
Yahoo
02-06-2025
- Business
- Yahoo
Parex Resources Announces Appointment to the Board of Directors
CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. ('Parex' or the 'Company') (TSX: PXT) is pleased to announce the appointment of Alberto Consuegra to the Board of Directors (the 'Board'). Effective June 1, 2025, Alberto Consuegra has been appointed to the Board as an independent director. Alberto has more than 30 years of experience in the energy sector. Most recently, Mr. Consuegra served as the Chief Operating Officer of Ecopetrol, Colombia's national oil company, and for a period of time acted as the Company's interim Chief Executive Officer. He has also served as the President of Cenit Transporte y Logística de Hidrocarburos S.A.S., the Vice President of Supply and Services of Ecopetrol, and held several executive positions at Equion Energia Ltd. and BP Exploration. Mr. Consuegra graduated from Universidad de Cartagena with a civil engineering degree and holds a master's degree in civil engineering from Texas A&M University. 'We are excited to welcome Alberto to our Board of Directors and believe his Colombia-focused energy expertise will contribute to the ongoing success of Parex,' commented Wayne Foo, Chair of Parex's Board of Directors. About Parex Resources Inc. Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable conventional production. The Company's corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT. For more information, please contact: Mike KruchtenSenior Vice President, Capital Markets & Corporate PlanningParex Resources Inc. Steven EirichSenior Investor Relations & Communications AdvisorParex Resources NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES PDF available:
Yahoo
02-06-2025
- Business
- Yahoo
Parex Resources Announces Appointment to the Board of Directors
CALGARY, Alberta, June 02, 2025 (GLOBE NEWSWIRE) -- Parex Resources Inc. ('Parex' or the 'Company') (TSX: PXT) is pleased to announce the appointment of Alberto Consuegra to the Board of Directors (the 'Board'). Effective June 1, 2025, Alberto Consuegra has been appointed to the Board as an independent director. Alberto has more than 30 years of experience in the energy sector. Most recently, Mr. Consuegra served as the Chief Operating Officer of Ecopetrol, Colombia's national oil company, and for a period of time acted as the Company's interim Chief Executive Officer. He has also served as the President of Cenit Transporte y Logística de Hidrocarburos S.A.S., the Vice President of Supply and Services of Ecopetrol, and held several executive positions at Equion Energia Ltd. and BP Exploration. Mr. Consuegra graduated from Universidad de Cartagena with a civil engineering degree and holds a master's degree in civil engineering from Texas A&M University. 'We are excited to welcome Alberto to our Board of Directors and believe his Colombia-focused energy expertise will contribute to the ongoing success of Parex,' commented Wayne Foo, Chair of Parex's Board of Directors. About Parex Resources Inc. Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable conventional production. The Company's corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT. For more information, please contact: Mike KruchtenSenior Vice President, Capital Markets & Corporate PlanningParex Resources Inc. Steven EirichSenior Investor Relations & Communications AdvisorParex Resources NOT FOR DISTRIBUTION OR FOR DISSEMINATION IN THE UNITED STATES PDF available: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
