TSX:PXTOil and Gas
Does Parex Resources’ (TSX:PXT) Q4 Output Jump Reveal Its Evolving Exploration Risk Strategy?
Parex Resources recently reported that its Q4 2025 production averaged 48,606 boe/d, up 11% from Q3, while also confirming the abandonment of the Guapo-1 exploration well at VIM-1 and outlining continued drilling activity in the Putumayo Basin, LLA-32 and Capachos.
This mix of higher production, a dry exploration outcome, and ongoing development work in key Colombian basins gives investors fresh insight into how Parex is balancing growth opportunities with exploration risk.
We’ll now examine...