Duyuru • May 03
Parex Resources Inc. Provides Preliminary Production and Earnings Results for the First Quarter Ended March 31, 2026 Parex Resources Inc. provided preliminary production and earnings results for the first quarter ended March 31, 2026. The company expects average production of 44,735 boe/d, compared to 43,658 boe/d in firsyt quarter 2025.
The company expects net income of $4,589,000 or $0.05 per share, compared to $80,629,000 or $0.82 per share in first quarter 2025. The expected decrease is largely related to unrealized loss on commodity risk management contracts, an increase in deferred tax expense, higher cash settled share-based compensation expense, and the recognition one one-time costs, partially offset by lower current income tax. Duyuru • Apr 10
Parex Resources Inc. to Report Q1, 2026 Results on May 12, 2026 Parex Resources Inc. announced that they will report Q1, 2026 results Pre-Market on May 12, 2026 Duyuru • Mar 06
Parex Resources Inc. Announces Declaration of First Quarter 2026 Dividend, Payable on March 25, 2026 Parex Resources Inc. has approved a First Quarter 2026 regular dividend of CAD 0.385 per share to shareholders of record on March 18, 2026, to be paid on March 25, 2026. This regular dividend payment to shareholders is designated as an “eligible dividend” for purposes of the Income Tax Act (Canada). Duyuru • Mar 05
Parex Resources Inc., Annual General Meeting, May 12, 2026 Parex Resources Inc., Annual General Meeting, May 12, 2026. Duyuru • Jan 20
Parex Resources Inc. Announces Management Changes Parex Resources Inc. announced that Wayne Foo will be retiring as Board Chair and Director of the Board, effective May 12, 2026, and in line with succession planning, current Vice Chair and Director, Glenn McNamara, will assume the role of Chair. Duyuru • Oct 30
Parex Resources Inc. (TSX:PXT) proposed to acquire remaining majority stake in GeoPark Limited (NYSE:GPRK). Parex Resources Inc. (TSX:PXT) proposed to acquire remaining majority stake in GeoPark Limited (NYSE:GPRK) on September 4, 2025. A cash consideration valued at $9 per share will be paid by Parex Resources Inc. Upon completion, Parex Resources Inc. will own 100% stake in GeoPark Limited. The Transaction consideration would be funded by Parex' existing cash and other sources of financing that have been advanced by Parex.
The transaction is subject to approval of offer by target shareholders, definitive agreement and third party approval needed. As on October 15, 2025: After six weeks of not engaging, the Chief Executive Officer of GeoPark informs the Chief Executive Officer of Parex in writing that the GeoPark Board has summarily rejected the Proposal.
The Bank of Nova Scotia acted as financial advisor for Parex Resources Inc. Adam Givertz and Stan Richards of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor for Parex Resources Inc. Burnet, Duckworth & Palmer LLP acted as legal advisor for Parex Resources Inc. Appleby acted as legal advisor for Parex Resources Inc. Innisfree M&A Incorporated acted as information agent for Parex Resources Inc. Duyuru • Oct 01
Parex Resources Inc. to Report Q3, 2025 Results on Nov 04, 2025 Parex Resources Inc. announced that they will report Q3, 2025 results on Nov 04, 2025 Duyuru • Jul 04
Parex Resources Inc. Provides Production Guidance for the Second Quarter Ended June 30, 2025 Parex Resources Inc. provided production guidance for the second quarter ended June 30, 2025. Estimated second quarter 2025 average production was 42,550 boe/d. Duyuru • Jun 04
Parex Resources Inc. Announces the Appointment of Alberto Consuegra to the Board of Directors, Effective June 1, 2025 Parex Resources Inc. announced the appointment of Alberto Consuegra to the Board of Directors . 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. Duyuru • May 09
Parex Resources Inc. Approves Election of Directors Parex Resources Inc. at its AGM held on May 8, 2025, approved the election of Mona Jasinski and Jeff Lawson as directors of the company to serve until the next annual meeting of shareholders or until their successors are elected or appointed. Duyuru • Jan 14
Parex Resources Inc. provides Production Guidance for the Fiscal Year 2025 Parex Resources Inc. provided production guidance for the Fiscal Year 2025. For the period, the company's average production guidance has been updated to 43,000-47,000 boe/d. Duyuru • Nov 06
Parex Resources Inc. Approves Regular Dividend for the Fourth Quarter of 2024, Payable on December 16, 2024 Parex Resources Inc.'s Board of Directors have approved a Fourth Quarter 2024 regular dividend of CAD 0.385 per share to shareholders of record on December 9, 2024, to be paid on December 16, 2024. Duyuru • Oct 08
Parex Resources Inc. to Report Q3, 2024 Results on Nov 05, 2024 Parex Resources Inc. announced that they will report Q3, 2024 results on Nov 05, 2024 Duyuru • Apr 24
Parex Resources Inc. to Report Q1, 2024 Results on May 08, 2024 Parex Resources Inc. announced that they will report Q1, 2024 results After-Market on May 08, 2024 Duyuru • Feb 24
Parex Resources Inc., Annual General Meeting, May 09, 2024 Parex Resources Inc., Annual General Meeting, May 09, 2024. Location: Calgary Alberta Canada Duyuru • Feb 13
Parex Resources Inc. to Report Q4, 2023 Results on Feb 29, 2024 Parex Resources Inc. announced that they will report Q4, 2023 results After-Market on Feb 29, 2024 Duyuru • Jan 16
Parex Resources Inc. Provides Production Guidance for Year 2024 and Three-Year Outlook for 2024 Through 2026 Parex Resources Inc. provided production guidance for year 2024 and three-year outlook for 2024 through 2026. Average annual production is expected to be approximately 54,000 to 60,000 boe/d, representing 5% year-over-year growth at the midpoint.For three-year outlook for 2024 through 2026, the company expects annual average production growth of approximately 5% or higher per year. Duyuru • Aug 24
Parex Resources Inc. Announces Appointment of Sanjay Bishnoi as Chief Financial Officer, Effective October 2, 2023 Parex Resources Inc. announced the appointment of Sanjay Bishnoi to Chief Financial Officer, effective October 2, 2023. Mr. Bishnoi is a proven Chief Financial Officer with over 25 years of financial and leadership experience, primarily in the energy sector. Most recently, he held the position of Chief Financial Officer at TotalEnergies EP Canada. Prior to that role, he served as the Chief Financial Officer and Senior Vice President of Enerflex from 2019 to 2023, where he led all financial and reporting aspects of the global natural gas infrastructure company. From 2015 to 2019, he was a co-founder and served as the Chief Financial Officer of Caprock Midstream, a privately held midstream operator in the Delaware basin. His career has also encompassed financial and operational roles with organizations such as GE, The Dow Chemical Company, El Paso Global LNG, The Boston Consulting Group, and Imperial Oil. Mr. Bishnoi holds an MBA from the University of Chicago, a Ph.D. in Chemical Engineering from the University of Texas at Austin, and a B.Sc. in Chemical Engineering from the University of Calgary. Mr. Bishnoi will succeed Ken Pinsky, who, as previously announced, is electing to retire. Mr. Pinsky joined Petro Andina, Parex’s predecessor, in 2008 as Vice President, Finance, and Chief Financial Officer, and has been the Chief Financial Officer of Parex since its inception. Following Mr. Bishnoi’s appointment, Mr. Pinsky will remain with the Company until November 30, 2023, to ensure a smooth transition. Duyuru • Apr 16
Parex Resources Inc. Provides Production Guidance for the Second Quarter 2021 Parex Resources Inc. provided production guidance for the second quarter 2021. The company expects second quarter 2021 production to average 47,000-48,000 boe/d. With the increase in 2021 capex, Parex expects second half 2021 production rates to be 48,000-50,000 boe/d. The additional Cabrestero oil wells are being drilled to capture the higher Brent pricing and the reduced transportation costs from the planned Cabrestero field pipeline tie-in. Duyuru • Feb 05
Parex Resources Inc. to Report Q4, 2020 Results on Mar 03, 2021 Parex Resources Inc. announced that they will report Q4, 2020 results After-Market on Mar 03, 2021 Duyuru • Dec 10
Parex Resources Inc. Announces Executive Change Parex Resources Inc. announced that Mr. Dave Taylor has elected to retire from the Company under its normal course retirement policy, coincident with his 65th birthday, as of the Annual General Meeting of the Company's shareholders in May 2021. In connection with Mr. Taylor's retirement the Board carried out a thorough executive search process that considered the nature of the assets, operations and financial strength of the Company, the challenges and opportunities facing the oil and gas industry in the coming decade, and the significant strengths of the existing leadership team. Based on those considerations, Parex announced that Mr. Imad Mohsen will be joining the Company as President and CEO with an anticipated start date of February 1, 2021. In connection with Mr. Taylor's retirement the Board carried out a thorough executive search process that considered the nature of the assets, operations and financial strength of the Company, the challenges and opportunities facing the oil and gas industry in the coming decade, and the significant strengths of the existing leadership team. Based on those considerations, Parex announced that Mr. Imad Mohsen will be joining the Company as President and CEO with an anticipated start date of February 1, 2021. In 2013, Mr. Mohsen joined Tulip Oil Holding B.V., a private equity backed upstream company founded in 2010 to explore for and develop oil and gas opportunities in Western Europe. After initially serving as COO, he was appointed CEO in 2015. Duyuru • Nov 06
Parex Resources Inc. Announces Retirement of Lee Distefano President Parex Colombia and Country Manager Lee DiStefano is retiring as President Parex Colombia and Country Manager. Mr. DiStefano will remain in his current position until he formally retires in December 2020. In conjunction with Mr. DiStefano's retirement, the Company has also announced the promotion of Daniel Ferreiro to President Parex Colombia and Country Manager, effective December 1, 2020. Mr. Ferreiro has spent 23 years in the upstream oil and gas business in various technical and leadership positions, most recently as Senior Vice President, Colombia Operations. Mr. Ferreiro has been a key leader in Parex Colombia since its inception in 2009, and prior in Petro-Andina Argentina. Duyuru • Oct 07
Parex Resources Inc. to Report Q3, 2020 Results on Nov 04, 2020 Parex Resources Inc. announced that they will report Q3, 2020 results on Nov 04, 2020 
