Overview
Description
Parex Resources Inc. is an independent oil and gas company involved primarily in the exploration, development, and production of petroleum and natural gas. The company's operations are mainly focused in Colombia, where it owns a diverse portfolio of assets that range from early-stage exploration to mature, producing fields. With a strategic emphasis on high-growth potential basins, Parex Resources Inc. concentrates on optimizing its resource base through advanced extraction technologies and efficient resource management. The firm is committed to operating sustainably and responsibly, often engaging with local communities and adhering to stringent environmental standards. As a significant player in the Colombian energy sector, Parex Resources Inc. contributes crucially to energy supply and local economic development, while its strategic positioning allows it to benefit from the dynamic market conditions within the region. The company is noted for its financial discipline, maintaining a strong balance sheet that supports both operational initiatives and potential exploration investments.
About
CEO
Mr. Imad Mohsen
Employees
448
Address
West Tower
2700, Eighth Avenue Place 585 8 Avenue SW
Calgary, T2P 1G1, AB
Canada
2700, Eighth Avenue Place 585 8 Avenue SW
Calgary, T2P 1G1, AB
Canada
Phone
403-265-4800
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
MIC code
PINX